Ingredion Receives Mixed Broker Ratings and Revised Price Targets
Brokerages revised their views on Ingredion, with the average 12‑month price target at $121.29. Barclays cut its target to $118 and maintained an equal weight rating, while Zacks upgraded the stock to hold from strong sell and Weiss slightly downgraded to hold (c-). The firm reported $1.85B revenue for the quarter versus $1.83B expected.