Scotiabank raised the firm’s price target on Nutrien (NTR) to $70 from $63 and keeps a Sector Perform rating on the shares. The firm sees several reasons to be cautious on fertilizers following the spring, the analyst tells investors. Scotiabank believes Nutrien is fairly valued.
Claim 30% 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: