B of A Securities Downgrades CF Industries Holdings to Neutral, Lowers Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne downgraded CF Industries Holdings (NYSE:CF) from Buy to Neutral and reduced the price target from $96 to $88.
April 10, 2024 | 10:56 am
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NEGATIVE IMPACT
CF Industries Holdings was downgraded from Buy to Neutral by B of A Securities, with a price target reduction from $96 to $88.
The downgrade from Buy to Neutral by a major analyst and the reduction in price target are likely to negatively impact investor sentiment and could lead to a short-term decrease in CF Industries Holdings' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100