Wells Fargo analyst Richard Garchitorena raised the firm’s price target on Nutrien (NTR) to $62 from $59 and keeps an Equal Weight rating on the shares. The firm expects Q2 results and the outlook commentary to be generally positive. However, given the strong rally year-to-date, Wells remains selective in the space.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NTR:
- Nutrien price target raised to $70 from $65 at RBC Capital
- CoreWeave initiated, Texas Instruments upgraded: Wall Street’s top analyst calls
- Nutrien downgraded to Hold from Buy at Jefferies
- Nutrien’s Short-term Gains and Long-term Challenges: A Hold Rating Amid Supply Disruptions and Structural Headwinds
- Nutrien price target raised to $64 from $61 at Barclays