RBC Capital Reiterates Outperform on Nutrien, Maintains $85 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Andrew Quail has reiterated an 'Outperform' rating on Nutrien (NYSE:NTR) and maintained a price target of $85.

August 08, 2023 | 2:39 pm
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POSITIVE IMPACT
RBC Capital's reiteration of an 'Outperform' rating and maintenance of a $85 price target for Nutrien (NYSE:NTR) could potentially boost investor confidence.
Analyst ratings and price targets can significantly influence investor sentiment and stock prices. The reiteration of an 'Outperform' rating by RBC Capital indicates their continued confidence in Nutrien's performance. The maintenance of the $85 price target suggests that they believe the stock is still undervalued, which could encourage investors to buy, potentially driving up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100