CF Industries price target raised to $135 from $95 at Morgan Stanley

Morgan Stanley analyst Vincent Andrews raised the firm’s price target on CF Industries (CF) to $135 from $95 and keeps an Equal Weight rating on the shares. Equity markets “appear to have fairly efficiently priced in” the tighter backdrop from the Middle East conflict to both CF and Yara (YARIY), but Nutrien (NTR) “appears left behind,” the analyst tells investors in a note on the fertilizers group.