Wells Fargo Maintains Overweight on Nutrien, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Richard Garchitorena has maintained an Overweight rating on Nutrien (NYSE:NTR) but lowered the price target from $77 to $69.

February 26, 2024 | 12:58 pm
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NEUTRAL IMPACT
Wells Fargo maintains an Overweight rating on Nutrien but lowers the price target from $77 to $69.
The adjustment in price target by a major analyst like Wells Fargo can influence investor sentiment. However, the maintenance of an Overweight rating suggests a continued positive outlook on the stock, potentially balancing the impact of the lowered price target. The direct mention and specific action taken on Nutrien's stock make this news highly relevant and important for investors in NTR. The confidence level is high due to the clear and direct nature of the analyst's action.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100