Rating Change
Wells Fargo reiterated its Overweight rating on MGP Ingredients, Inc. (NASDAQ:MGPI) on October 05, 2026.
reiterateNASDAQ:MGPI
Wells Fargo Reiterates Overweight Rating on MGP Ingredients, Inc. (MGPI)
Wells Fargo reiterated its Overweight rating on MGP Ingredients, Inc. (NASDAQ:MGPI) on October 05, 2026.
At publication ·
What changed
MGP Ingredients, Inc. (NASDAQ:MGPI) · reiterate
- Firm
- Wells Fargo
- Rating
- Overweight to Overweight
- Price at event
- $12.77
- Market capitalization
- $561.5M
At a glance
Key takeaways
- Wells Fargo maintained an Overweight rating on MGP Ingredients (MGPI) on October 5, 2026, with the stock trading at $12.77 and a market cap of $561.5M.
Market Context
MGP Ingredients, Inc. operates in the Consumer Defensive sector. The stock currently trades at $12.77 with a market capitalization of $561.5M.
Analyst coverage from Wells Fargo provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for MGP Ingredients, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for MGP Ingredients, Inc.
Among the 10 most recent ratings: 6 Buy, 4 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 05, 2026 | Wells Fargo | Overweight | N/A |
| Jul 30, 2026 | TD Cowen | Hold | N/A |
| Jul 30, 2026 | Wells Fargo | Overweight | N/A |
| Jul 08, 2026 | Wells Fargo | Overweight | N/A |
| Jun 26, 2026 | TD Cowen | Hold | N/A |
Related Tools: Analyst Ratings Dashboard | View MGPI Stock Page
Frequently Asked Questions
What does the Overweight rating mean for MGPI?
A rating of Overweight from Wells Fargo reflects the analyst's outlook on MGP Ingredients, Inc. (NASDAQ:MGPI). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the MGPI forecast page.