Ingevity price target raised to $65 from $60 at Wells Fargo

Wells Fargo raised the firm’s price target connected Ingevity (NGVT) to $65 from $60 and keeps an Equal Weight standing connected the shares. The steadfast is adjusting its estimates for Ingevity to relationship for the merchantability of the bulk of its Industrial Specialties business, which closed connected January 5. Wells stays connected the sidelines fixed uncertainty arsenic Ingevity explores alternatives for different businesses.

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• Ingevity completes merchantability of CTO refinery and assets

• Ingevity completes merchantability of North Charleston crude gangly lipid refinery

• Ingevity terms people raised to $70 from $64 astatine BMO Capital

• Ingevity Completes Portfolio Review and Stock Repurchases

• Ingevity Announces Leadership Changes Amid Strategic Review