CF Industries (CF) PT Raised to $95 at RBC Capital

RBC Capital analyst Andrew Wong raised the price target on CF Industries (NYSE: CF) to $95.00 (from $85.00) while maintaining a Outperform rating.

The analyst comments "We remain impressed with strong execution by CF across the board, with production rebounding back to full operating rates, opportunistic and timely share repurchases, and continued progress of clean ammonia initiatives. We are also constructive on long-term nitrogen market dynamics, especially for North American producers with access to low-cost natural gas."

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