JP Morgan Maintains Neutral on FMC, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains a Neutral rating on FMC Corporation (NYSE:FMC) and lowers the price target from $53 to $50.
May 13, 2024 | 2:37 pm
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JP Morgan analyst Jeffrey Zekauskas maintains a Neutral rating on FMC Corporation and lowers the price target from $53 to $50.
The reduction in price target by JP Morgan, a major financial institution, could lead to a negative short-term sentiment among investors, potentially impacting FMC Corporation's stock price negatively. The maintenance of a Neutral rating indicates no change in the overall outlook, but the lowered price target suggests a revision of the expected stock performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100