Market Overview

UPDATE: Credit Suisse Initiates Coverage on Ingredion on Good Buying Opportunity


In a report published Wednesday, Credit Suisse analyst Robert Moskow initiated coverage on Ingredion (NYSE: INGR) with an Outperform rating and $80.00 price target.

In the report, Credit Suisse noted, “We are initiating coverage of Ingredion with an Outperform rating and an $80 target price. Ingredion is a high quality, multinational food ingredient company with an under-appreciated leadership position in the fast-growing specialty starch industry. This is a particularly good time to buy the stock because the market is overly worried about short-term problems that hurt 2013 results and giving no credit for the likelihood of a value-creating acquisition.”

Ingredion closed on Tuesday at $67.10.

Latest Ratings for INGR

Nov 2019MaintainsNeutral
Oct 2019Initiates Coverage OnOverweight
Aug 2019MaintainsNeutral

View More Analyst Ratings for INGR
View the Latest Analyst Ratings

Posted-In: Credit Suisse Robert MoskowAnalyst Color Initiation Analyst Ratings


Related Articles (INGR)

View Comments and Join the Discussion!

Latest Ratings

BKNGConsumer Edge ResearchInitiates Coverage On2,250.0
EXPEConsumer Edge ResearchInitiates Coverage On100.0
TRIPConsumer Edge ResearchInitiates Coverage On26.0
IAreteInitiates Coverage On39.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at

Mid-Morning Market Update: US Markets Open Higher; Bank of America Reports Q1 Net Loss

No Legwork Wednesday – J.C. Penney And The 'No Sale' Debacle