Roth Capital keeps Buy rating on MGP Ingredients with $30 price target
Roth Capital reaffirmed its Buy rating on MGP Ingredients with a $30 price target, implying about 95% upside from the October 15 close of $15.40.
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what happened
Roth Capital has kept its Buy rating on MGP Ingredients shares and set a price target of $30. According to TradingView, citing Benzinga data, the target implies upside of 94.8% from the October 15 close of $15.40.
The analyst note says the company is positioned to stabilize its revenues and channel inventories, which could support the share price over time. It also points to spending discipline, with SG&A expenses kept flat while advertising for premium spirits is planned to rise nearly 35% year over year.
why it matters
For the market, this is a single analyst assessment of one company rather than an event with broad reach. Rating changes like this usually move the stock itself, especially when trading volume is thin. A price target reflects one brokerage's view, not a consensus across the Street.
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instruments
sources
- Roth Capital maintains Buy rating on MGP Ingredients, $30 price target — ru.tradingview.com, 16 October 2026 at 16:01 UTC
- Roth Capital reiterates Buy rating on RealReal, $19 price target — ru.tradingview.com, 16 October 2026 at 16:04 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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