Mizuho lowered the firm’s price target on FMC Corporation to $98 from $122 and keeps a Buy rating on the shares. Recent checks suggest second half of 2023 estimates are likely too high on de-stocking, but investors still underappreciate the price/cost benefits in seed and better corn seed pricing, the analyst tells investors in a research note. The firm dropped FMC’s price target on lower estimates.
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Read More on FMC:
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