FMC Corporation price target raised to $60 from $58 at BofA

BofA analyst Steve Byrne raised the firm’s price target on FMC Corporation to $60 from $58 and keeps a Neutral rating on the shares. The analyst remains “skeptical” about the company’s volume trajectory, pricing, and diamides outlook following FMC’s recent investor day on November 16. While tweaking 2024-25 forecasts and adding a 2026 estimate, the firm remains on the low-end of FMC’s expectations, the analyst tells investors.