Barclays Downgrades CF Industries Holdings to Equal-Weight, Raises Price Target to $85
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Benjamin Theurer has downgraded CF Industries Holdings (NYSE:CF) from Overweight to Equal-Weight, but raised the price target from $80 to $85.
August 14, 2023 | 8:57 am
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NEUTRAL IMPACT
CF Industries Holdings has been downgraded by Barclays from Overweight to Equal-Weight, but the price target has been raised from $80 to $85.
The downgrade from Overweight to Equal-Weight suggests that Barclays sees less upside potential for CF Industries Holdings. However, the increase in price target from $80 to $85 indicates that Barclays still sees some growth potential. This mixed signal could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100