Wells Fargo analyst Richard Garchitorena raised the firm’s price target on CF Industries (CF) to $108 from $105 and keeps an Overweight rating on the shares. The firm expects Q2 results and the outlook commentary to be generally positive. However, given the strong rally year-to-date, Wells remains selective in the space. The firm’s top picks remain Seed/Crop Protection companies and CF among the fertilizers stocks.
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