
Truist Securities cuts PT on ethanol producer REX American Resources REX.N to $50 from $55
"Despite REX's continuing operational excellence and industry outperformance, regulatory delays and policy uncertainty continue to weigh on its future growth plans," says brokerage
New PT still implies ~30% upside to stock's last close
REX shares down 7.4% YTD, as of last close; they shed ~12% in 2024