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Piper Sandler Reaffirms Their Buy Rating on Darling Ingredients (DAR)

Tipranks - Tipranks - Fri Feb 13, 7:14AM CST

Piper Sandler analyst Ryan Todd maintained a Buy rating on Darling Ingredients today and set a price target of $49.00.

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Todd covers the Energy sector, focusing on stocks such as Phillips 66, Exxon Mobil, and BP. According to TipRanks, Todd has an average return of 10.3% and a 61.27% success rate on recommended stocks.

In addition to Piper Sandler, Darling Ingredients also received a Buy from Scotiabank’s Betty Zhang in a report issued today. However, on February 4, TipRanks – OpenAI reiterated a Hold rating on Darling Ingredients (NYSE: DAR).

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Based on Darling Ingredients’ latest earnings release for the quarter ending September 27, the company reported a quarterly revenue of $1.56 billion and a net profit of $19.36 million. In comparison, last year the company earned a revenue of $1.42 billion and had a net profit of $16.95 million

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