LSB Industries downgraded to Neutral from Buy at UBS

UBS downgraded LSB Industries (LXU) to Neutral from Buy with a $9.25 price target Following the 65% increase from the April lows, and 11% year-to-date advance, the firm views the stock as fairly valued, the analyst tells investors. The firm is shifting its preference in the space as it sees a broad based improvement in the outlook for fertilizer pricing, adding that it sees less scope for further improvement in nitrogen.