KeyBanc lowered the firm’s price target on FMC Corporation to $107 from $117 on softer earnings, while keeping an Overweight rating on the shares. The firm also lowered its Q3 EBITDA estimate by 4% and its 2023 estimate by 2% owing to a slower start to the season in LATAM due to weather. KeyBanc currently stands 9% below the consensus Q3 EBITDA and 5% below 2023.
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