StoneX initiates coverage of Alto Ingredients with Buy rating, $7 price target

StoneX initiated coverage on Alto Ingredients's stock with a rating of Buy and a price target of $7.00.The price target implies an upside of 92.8% from the Sep 29 close of $3.63.Key takeaways from the analyst noteStrong Macroeconomic Positioning: Alto Ingredients is well-positioned within the biofu…