Keybanc Maintains Overweight on FMC, Lowers Price Target to $79
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov maintains an Overweight rating on FMC (NYSE:FMC) but lowers the price target from $81 to $79.
August 02, 2024 | 3:41 pm
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NEUTRAL IMPACT
Keybanc analyst Aleksey Yefremov maintains an Overweight rating on FMC but lowers the price target from $81 to $79. This suggests continued confidence in the stock but with slightly tempered expectations.
The Overweight rating indicates that the analyst still sees potential in FMC, but the lowered price target suggests a slight reduction in expected upside. This could lead to a neutral short-term impact on the stock price as the market digests the mixed signals.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100