DAR Initiated With Buy

Monica Gerson , Benzinga Staff Writer

February 19, 2010 10:14am Comments

Jesup & Lamont initiated coverage of Darling International (NYSE: DAR) with a “buy” rating. The target price for DAR is set to $10.

According to Jesup & Lamont, investors are underestimating the accretion from the renewable diesel joint venture to DAR’s earnings.

DAR’s shares closed at $8.10 yesterday. More Analyst Ratings here

Posted-In: Jesup & Lamont Earnings Long Ideas Initiation Markets Analyst Ratings Trading Ideas

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