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Fly News Breaks for February 28, 2018
DAR
Feb 28, 2018 | 20:46 EDT
Goldman Sachs analyst Adam Samuelson downgraded Darling Ingredients to Neutral and lowered his price target for the shares to $19 from $20. While the company's Q4 results came in modestly above expectations, the analyst finds the outlook for roughly flat EBITDA in the base business despite recent growth investments disappointing. Samuelson sees a less attractive risk/reward for Darling post the Q4 results.
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