UPDATE: Citigroup Lowers PT on Ingredion Following 2013 EPS Guidance Reduction
July 16, 2013 at 09:24 AM EDT
In a report published Tuesday, Citigroup analyst David Driscoll reiterated a Neutral rating on Ingredion (NYSE: INGR ), but lowered the price target from $73.00 to $67.00. In the report, Citigroup noted, “Ingredion's 2013 EPS guidance reduction of $(0.55) to a new range of $5.10-$5.40, was a startling turn of
