Nutrien price target raised to $59 from $56 at Barclays

Barclays analyst Benjamin Theurer raised the firm’s price target on Nutrien (NTR) to $59 from $56 and keeps an Equal Weight rating on the shares. After a volatile start to crop prices and agriculture input pricing, March started with a tariff dispute and increased uncertainty for U.S. farmers, the analyst tells investors in a research note. The firm remains cautious on the broader fertilizer group.