Barclays analyst Benjamin Theurer lowered the firm’s price target on Nutrien to $93 from $95 and keeps an Overweight rating on the shares. Global agriculture markets "remain tight," and while record earnings from 2022 won’t be repeated in 2023, there is "enough buckets of opportunities" in the broader seed, fertilizer and ag processing space, the analyst tells investors in a research note.
Published first on TheFly
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