FMC Corporation upgraded to Overweight from Equal Weight at Morgan Stanley

Morgan Stanley analyst Vincent Andrews upgraded FMC Corporation to Overweight from Equal Weight with a price target of $145, up from $125. FMC "satisfies" a desire to maintain exposure to specialty chemicals, companies with solid earnings visibility and achievability and deflation beneficiaries, all "at a reasonable price," Andrews tells investors. He is also still positive on the Ag cycle, which he views as "largely cordoned off from the otherwise challenging macro" environment, Andrews added.