Keybanc Maintains Overweight on FMC, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on FMC Corporation but has reduced the price target from $83 to $80.
January 09, 2024 | 9:48 am
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Keybanc analyst Aleksey Yefremov maintains an Overweight rating on FMC but lowers the price target from $83 to $80.
While the reduction in price target could suggest a slightly less optimistic outlook on FMC's future performance, maintaining an Overweight rating indicates that the analyst still has a positive view on the stock. The impact on the stock price is likely to be neutral in the short term as the rating remains positive despite the lower price target.
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IMPORTANCE 75
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