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CF Industries price target raised to $98 from $95 at BofA

BofA analyst Steve Byrne raised the firm’s price target on CF Industries to $98 from $95 and keeps a Buy rating on the shares. CF Industries delivered a Q2 beat and while Q3 looks lower, 2024-25 estimates are unchanged as nitrogen fundamentals “remain sold,” the analyst tells investors in a post-earnings note.

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