Redburn Atlantic analyst Mazahir Mammadli initiated coverage of CF Industries (CF) with a Neutral rating and $77 price target CF is in a more favorable position than Yara as its entire production base is in North America, giving it a significant cost advantage and sustainably high margins, the analyst tells investors in a research note. However, the firm’s cautious stance on the agricultural fundamentals and fertilizer prices going into 2025 translates into downside risks for the company’s earnings in the near term.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CF:
- CF Industries downgraded to Underperform from Neutral at BofA
- CF Industries price target raised to $96 from $90 at Barclays
- CF Industries price target raised to $93 from $76 at Mizuho
- Early notable gainers among liquid option names on October 2nd
- CF Industries price target raised to $92 from $88 at Wells Fargo