Barclays lowered the firm’s price target on CF Industries (CF) to $95 from $100 and keeps an Equal Weight rating on the shares. After a volatile start to crop prices and agriculture input pricing, March started with a tariff dispute and increased uncertainty for U.S. farmers, the analyst tells investors in a research note. The firm remains cautious on the broader fertilizer group.
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Read More on CF:
- Trump’s tariffs on Canada, Mexico take effect as Beijing hits back, WSJ reports
- Trump says agricultural products from outside of U.S. to see tariffs on April 2
- CF Industries price target lowered to $90 from $100 at RBC Capital
- CF Industries price target lowered to $81 from $88 at Scotiabank
- CF Industries upgraded to Neutral at BofA after post-earnings selloff
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