Agrium (AGU) PT Raised to $131 at Credit Suisse

Credit Suisse analyst C. Parkinson reiterated an Outperform on Agrium (NYSE: AGU) while boosting the price target on the stock to $131.00 (from $110.00) following Q4 results and guidance.

The firm is raising '15 EPS est to $7.85 from $7.48 on the net effect of higher interest, cheaper gas and share buybacks, while implementing a '16 EPS est of $8.80.

Parkinson said blocking and tacklin' in retail is paying off.

For an analyst ratings summary and ratings history on Agrium click here. For more ratings news on Agrium click here.

Shares of Agrium closed at $113.77 yesterday.

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