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Fly News Breaks for February 12, 2020
Feb 12, 2020 | 07:09 EDT
Credit Suisse analyst Robert Moskow raised his price target for Ingredion to $94 from $77 as the stock rallied after the company finished 2019 with a Q4 EPS beat, price negotiations with high fructose customers went well, and 2020 guidance appears conservative because it assumes a decline in corn co-product values from current levels. The analyst has a Neutral rating on the shares.
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