Goldman Sachs Maintains Buy on Nutrien, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Adam Samuelson has maintained a Buy rating on Nutrien (NYSE:NTR) but has lowered the price target from $88 to $78.

February 01, 2024 | 2:11 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Buy rating on Nutrien but lowers the price target from $88 to $78.
While the maintenance of a Buy rating by Goldman Sachs indicates continued confidence in Nutrien's fundamentals and growth prospects, the reduction in the price target could reflect adjustments in market conditions or company-specific factors that might slightly temper expectations. This mixed signal could lead to neutral short-term price movement as investors digest both the continued endorsement and the tempered expectations.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100