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Enter Symbol:
Darling Int Inc (DAR) [hlAlert]

Hold DAR

Darling Int Inc (DAR) downgraded to Hold by Morgan Joseph

Posted on: Wednesday,  Nov 17, 2010  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Hold Darling Int Inc (NYSE: DAR) on 11/17/2010. Previously Morgan Joseph rated Buy Darling
Int Inc (NYSE: DAR) on 02/29/2008., when the stock price was $13.90. Since then, Darling Int Inc has lost 13.67% of its value until Morgan Joseph rated DAR Buy on 11/17/2010, when the price was $12.00. .

Darling International Inc. (Darling) provides rendering, recycling and recovery solutions to the United States food industry. The Company operates through two segments: Rendering, the core business of turning inedible food by-products from meat and poultry processors into feed ingredients and fats for other industrial applications, and Restaurant Services, a group focused on growing the grease collection business and grease collection equipment sales while expanding the line of services, which includes grease trap servicing, and the National Service Center (NSC), offered to food service establishments and food processors. On August 25, 2008, Darling completed the acquisition of substantially all of the assets of API Recycling?s used cooking oil collection business (the API Transaction). In February 23 2009, the Company acquired Boca Industries.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/16/2011 9:25 AM Buy
17.30 21.00
as of 12/31/2010
1 Week   
1 Month   
3 Months up  40.84 %
1 YTD up  43.19 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2010 8:25 AM Hold
2/29/2008 8:25 AM Buy
13.90 17.00
11/9/2007 9:25 AM Buy
9.48 15.00

(*) Stock Price at the time of the recommendation.
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