UBS Downgrades CF Industries Holdings to Neutral, Lowers Price Target to $83
Portfolio Pulse from Benzinga Newsdesk
UBS analyst John Roberts has downgraded CF Industries Holdings (NYSE:CF) from Buy to Neutral and reduced the price target from $95 to $83.
January 31, 2024 | 12:08 pm
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NEGATIVE IMPACT
CF Industries Holdings was downgraded by UBS from Buy to Neutral with a price target decrease from $95 to $83.
The downgrade by a major analyst like UBS from Buy to Neutral suggests a less optimistic outlook on CF Industries' stock performance. Additionally, the reduction in price target could lead to a negative perception among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100