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FMC price target raised to $16 from $14 at Citi

Citi analyst Patrick Cunningham raised the firm’s price target on FMC (FMC) to $16 from $14 and keeps a Neutral rating on the shares. The firm adjusted targets in the specialty chemicals group as part of a Q4 preview. Citi sees a better currency and sales environment for the sector, but with the potential for “fresh tariff risks.”

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