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CF Industries downgraded at Piper Jaffray as nutrient pricing weighs

2016-03-28 21:49:07| Chemicals - Topix.net

CF Industries is downgraded to Neutral from Overweight with a $34 price target, cut from $40, at Piper Jaffray, which cites challenges including volatile commodity prices, cyclical business environment, competition and government and environmental regulation. The firm believes nutrient pricing will be under pressure following the spring demand season and sees additional risk to pricing through the rest of the year, with increased production coming online in North America.

Tags: pricing industries nutrient piper

Category:Chemicals

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