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

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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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