BMO Capital analyst Joel Jackson raised the firm’s price target on FMC Corporation to $145 from $140 and keeps an Outperform rating on the shares after its Q4 earnings beat. The company continues to represent high-quality agricultural input exposure for investors seeking to minimize exposure to commodity price swings, the analyst tells investors in a research note. FMC has sufficient growth and maintenance levers around inflation peaking, new active ingredients, biologicals, diamides mitigation, etc, the firm added.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on FMC:
- FMC Corporation price target raised to $120 from $112 at Credit Suisse
- FMC Corporation sees Q1 adjusted EPS $1.63-$1.83, consensus $1.87
- FMC sees FY23 adjusted EPS $7.20-$8.00, consensus $8.37
- FMC Corporation delivers record fourth quarter and full-year 2022 results, guides strong growth for 2023
- FMC Corporation reports Q4 adjusted EPS $2.37, consensus $2.33