BMO Capital lowered the firm’s price target on Intrepid Potash to $21 from $25 and keeps a Market Perform rating on the shares after its Q3 results showed lower cost savings than expected. Intrepid Potash’s quarter also had lower Oilfield Solutions earnings than anticipated and a lower Trio price deck, the analyst tells investors in a research note, adding that the firm remains neutral given the stock’s valuation.
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