In response to these market shifts, MGP Ingredients intends to lower its "net aging whiskey put away," effectively scaling back the quantity of whiskey produced and stored for aging. Read the full art ...

TD Cowen analyst Robert Moskow downgraded MGP Ingredients (MGPI) to Hold from Buy with a price target of $50, down from $66.

MGP Ingredients intends to reduce whiskey production, a move that comes after the US distiller of El Mayor Tequila and Remus ...

Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a shareholder and consumer rights litigation firm, is investigating whether ...

Truist Financial analyst Bill Chappell maintained a Buy rating on MGP Ingredients (MGPI – Research Report) today. The company’s ...

New York State Teachers Retirement System lowered its position in shares of MGP Ingredients, Inc. (NASDAQ:MGPI – Free Report) ...

Revenue: US$161.5m (down 24% from 3Q 2023). Net income: US$24.2m (up 85% from 3Q 2023). Profit margin: 15% (up from 6.2% in ...

MGP Ingredients, Inc. (NASDAQ:MGPI – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Tuesday after TD Cowen downgraded the stock from a buy rating to a hold rating.

Shares of MGP Ingredients fell after the company said it expects a downbeat third quarter and cut its full-year outlook, hurt by soft demand and elevated inventories. The stock tumbled 18% ...

MGP Ingredients reported a preliminary -24% sales decline in Q3, showing weakness due to manufacturers' excess inventories, coupled with weaker-than-expected spirit drink consumption. The 2024 ...