Piper Jaffray Starts CF (CF) at Overweight, Agrium (AGU) at Neutral

March 19, 2012 5:06 PM EDT
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Price: $35.25 +3.07%

Rating Summary:
    10 Buy, 11 Hold, 3 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 24 | Down: 17 | New: 14
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In an after-hours note Monday, Piper Jaffray's Michael Cox initiated coverage on CF Industries (NYSE: CF) with an Overweight rating and Agrium (NYSE: AGU) with a Neutral rating. The analyst set a $230 price target on shares of CF and a $93 target on Agrium shares.

Shares of CF Industries closed down 0.6 percent to $183.17 this afternoon, while Agrium shares closed up nearly 0.8 percent to $86.74.

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