BMO Capital Maintains Outperform on FMC, Lowers Price Target to $120
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Joel Jackson has maintained an 'Outperform' rating on FMC (NYSE:FMC), but lowered the price target from $145 to $120.
July 11, 2023 | 11:35 am
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FMC's price target has been lowered from $145 to $120 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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IMPORTANCE 80
RELEVANCE 100