Keybanc Maintains Overweight on FMC, Lowers Price Target to $117
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Aleksey Yefremov maintains an Overweight rating on FMC (NYSE:FMC) but lowers the price target from $128 to $117.
August 04, 2023 | 2:57 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
FMC's price target has been lowered from $128 to $117 by Keybanc, though the Overweight rating is maintained.
The news is directly about FMC and its price target being lowered by Keybanc. This could potentially lead to a short-term negative sentiment among investors, but since the Overweight rating is maintained, it indicates that the analyst still sees potential in the stock. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100