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Where is Ingredion Incorporated (INGR) Headed According to the Street?
Ingredion Incorporated (INGR) has seen recent analyst activity, with Barclays reaffirming a “Hold” rating and setting a $128 price target, and UBS raising its price target to $124. This comes after Ingredion’s CEO was elected chairman of the board, though BMO Capital adjusted its price target down to $120 due to missed Q4 estimates. The company focuses on transforming plant-based materials into value-added ingredients for various markets.