B of A Securities Maintains Buy on Nutrien, Lowers Price Target to $85
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne maintains a Buy rating on Nutrien (NYSE:NTR) but lowers the price target from $94 to $85.
June 08, 2023 | 4:43 pm
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B of A Securities maintains Buy rating on Nutrien (NYSE:NTR) but lowers the price target from $94 to $85.
The news of B of A Securities maintaining a Buy rating on Nutrien indicates a positive outlook for the company. However, the lowering of the price target from $94 to $85 suggests a more conservative valuation. This mixed signal may result in a neutral short-term impact on Nutrien's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100