Barclays Downgrades CF Industries Holdings to Underweight, Announces $85 Price Target
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Benjamin Theurer has downgraded CF Industries Holdings (NYSE:CF) from Equal-Weight to Underweight and set a price target of $85.

November 14, 2023 | 10:45 am
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Barclays analyst Benjamin Theurer downgraded CF Industries Holdings to Underweight from Equal-Weight and set a price target of $85.
Downgrades by analysts, especially from a major financial institution like Barclays, can lead to a negative perception among investors and potentially drive the stock price down in the short term. The new price target of $85 also suggests a lower expected future price, which can further influence investor sentiment negatively.
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