Wells Fargo analyst Richard Garchitorena lowered the firm’s price target on FMC Corporation to $142 from $148 and keeps an Overweight rating on the shares. The firm remains bullish as it has conviction that healthy ag fundamentals, new product launches, market share gains, cost recovery and Plant Health products will support above-market high single-digit EBITDA growth for at least the next few years.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on FMC:
- FMC Corporation price target lowered to $147 from $150 at Mizuho
- FMC Corporation delivers solid first quarter results and raises full-year adjusted EBITDA and adjusted EPS guidance
- FMC Corporation sees Q2 adjusted EPS $1.66-$1.86, consensus $1.92
- FMC Corporation narrows FY23 adjusted EPS view to $7.34-$7.94 from $7.20-$8.00
- FMC Corporation reports Q1 adjusted EPS $1.77, consensus $1.75
