Wells Fargo analyst Richard Garchitorena lowered the firm’s price target on FMC (FMC) to $43 from $48 and keeps an Equal Weight rating on the shares. After attending the largest farmer conference in the country, Commodity Classic, the firm says that sentiment was more cautious on agricultural industry trends near term, as farmer budgets remain tight and trade wars take center stage as the biggest demand risk in 2025.
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