Agrium (AGU) Tops Q1 EPS by 1c, Lowers FY EPS Guidance

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UBS Reiterates Buy on Agrium (AGU) as Fertilizer Prices Remain Under Pressure - PT to $93

May 4, 2016 8:22 AM EDT

UBS reiterated a Buy rating on Agrium (NYSE: AGU), and raised the price target to $93.00 (from $91.00), following the company's 1Q earnings report. AGU reported an adjusted EPS of $0.05, coming in ahead of consensus' estimates of ($0.05). However, management reduced EPS guidance from $5.50-7.00 to $5.25-6.25 as... More