LSB Industries price target raised to $12.25 from $11 at Piper Sandler

Piper Sandler analyst Charles Neivert raised the firm’s price target on LSB Industries (LXU) to $12.25 from $11 and keeps an Overweight rating on the shares. The trends the firm has identified signal advancing tailwinds, which will likely strengthen grain prices and support higher nutrient prices in their wake. In Piper’s view, these tailwinds are sustainable well beyond the immediate benefit to the shares garnered from the WASDE adjustment.