Nutrien (NTR) PT Raised to $65 at Cowen

August 5, 2019 10:35 AM EDT
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Price: $59.13 -0.72%

Rating Summary:
    17 Buy, 6 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Cowen analyst Charles Neivert raised the price target on Nutrien (NYSE: NTR) to $65.00 (from $63.00) while maintaining a Outperform rating.

The analyst comments "Weather impacted crop production in the U.S. this year sets up for strong fertilizer application this fall and next spring. We see continued favorable supply/demand fundamentals for nitrogen and potash along with improved retail supported by M&A and market share gains in the U.S."

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