CIBC analyst Jacob Bout lowered the firm’s price target on Nutrien to $64 from $69 and keeps an Outperformer rating on the shares. Nutrien “only made minor tweaks to its 2024 guidance,” notes the firm, which has lowered its own 2024 estimates slightly to reflect this guidance and lower fertilizer price assumptions.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTR: