Wells Fargo Maintains Overweight on Nutrien, Raises Price Target to $68
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Richard Garchitorena maintains an Overweight rating on Nutrien (NTR) and raises the price target from $67 to $68.
May 10, 2024 | 3:52 pm
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POSITIVE IMPACT
Wells Fargo has maintained its Overweight rating on Nutrien and increased the price target from $67 to $68, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Richard Garchitorena suggests a strong confidence in Nutrien's future performance. This is likely to be viewed positively by the market, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100