Piper Sandler lowered the firm’s price target on CF Industries to $87 from $90 and keeps a Neutral rating on the shares following Q4 earnings results, new 2024 guidance, its own recent channel checks and the addition of 2025 estimates. The firm cites some changes in industry outlook, especially for grains.
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Read More on CF:
- CF Industries price target lowered to $86 from $90 at Scotiabank
- CF Industries price target lowered to $97 from $98 at Wells Fargo
- CF Industries price target raised to $96 from $95 at BofA
- CF Industries sees ‘constructive’ global nitrogen supply-demand balance
- CF Industries reports Q4 EPS $1.44, consensus $1.57
