RBC Capital Maintains Outperform on Nutrien, Lowers Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Andrew Wong maintains an Outperform rating on Nutrien (NYSE:NTR) but lowers the price target from $75 to $70.
February 23, 2024 | 3:35 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Nutrien but lowers the price target from $75 to $70.
The adjustment in price target by RBC Capital, while maintaining an Outperform rating, suggests a positive outlook on Nutrien's performance but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target alongside the continued positive rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100