Nutrien shares are trading lower after JP Morgan lowered its price target on the stock from $92 to $78.
Portfolio Pulse from Benzinga Newsdesk
Nutrien shares are trading lower after JP Morgan lowered its price target on the stock from $92 to $78.
May 24, 2023 | 6:21 pm
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NEGATIVE IMPACT
JP Morgan lowered Nutrien's price target from $92 to $78, causing the stock to trade lower.
JP Morgan's price target reduction for Nutrien directly impacts the stock's perceived value, causing it to trade lower in the short term. As a result, the stock price is likely to go down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100