Piper Sandler Downgrades CF Industries Holdings to Underweight, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert downgraded CF Industries Holdings (NYSE:CF) from Neutral to Underweight and reduced the price target from $87 to $82.
February 29, 2024 | 1:24 pm
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NEGATIVE IMPACT
CF Industries Holdings was downgraded from Neutral to Underweight by Piper Sandler, with a price target reduction from $87 to $82.
The downgrade by a prominent analyst and the reduction in price target are likely to negatively impact investor sentiment towards CF Industries Holdings in the short term, potentially leading to a decrease in its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100