Barclays upgraded CF Industries to Equal Weight from Underweight with an unchanged price target of $85. The analyst cites valuation for the upgrade, saying the shares have consolidated in recent weeks. The upgrade is part of the firm’s Q4 earnings preview for the Americas agribusiness space.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on CF:
- Unusually active option classes on open January 2nd
- CF Industries call buyer realizes 20% same-day gains
- CF Industries call volume above normal and directionally bullish
- Early notable gainers among liquid option names on November 24th
- CF Industries price target lowered to $90 from $92 at Piper Sandler