Darling Ingredients: Strong Q3 Performance and Strategic Growth Initiatives Drive Buy Rating
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Darling Ingredients received a Buy rating from analyst Andrew Strelzik following strong Q3 results, particularly in the Feed segment, driven by higher fat prices and improved international operations. The company’s guidance methodology change reduces risk, and Strelzik predicts a favorable operating environment post-biofuel policy finalization, potentially reaching a $1.4 billion EBITDA run-rate by 2026. Piper Sandler also maintained a Buy rating with a $49.00 price target. Strelzik is a 4-star analyst with a 54.40% success rate, covering the Consumer Cyclical sector.
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