RBC Capital raised the firm’s price target on Nutrien (NTR) to $65 from $60 and keeps an Outperform rating on the shares after its Q1 results. The company continues to execute well with Retail set to achieve 2026 targets, cost savings on-track for early realization, and more efficient capex spend, the analyst tells investors in a research note. The negative share price reaction to a Q1 miss was misguided, the firm added, noting that it sees Nutrien as a solid defensive ag name with strong fundamentals amid broader macro and trade uncertainty.
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Read More on NTR:
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