FMC price target lowered to $42 from $47 at RBC Capital

RBC Capital analyst Arun Viswanathan lowered the firm’s price target on FMC (FMC) to $42 from $47 and keeps a Sector Perform rating on the shares. The company posted a decent quarter with a slight Q2 beat and maintained its FY25 guide, though investors may have been looking for more optimism from the management, the analyst tells investors in a research note. FMC’s Q3 guide did not appear to provide much line of sight to material earnings improvement and most of 2025’s free cash flow appears to be concentrated in Q4, the firm added.