Scotiabank Raises Nutrien (NTR) PT to $70 While Advising Fertilizer Market Caution

On January 27, Oppenheimer accrued its terms people for Nutrien Ltd. (NYSE:NTR) to $76 from $64 portion keeping an Outperform rating. Despite anticipating different challenging twelvemonth for the broader agriculture sector, the steadfast expects banal show to beryllium driven by circumstantial institution catalysts and pockets of stabilization.

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Key manufacture themes identified by Oppenheimer see consolidation, affordability, and innovation, noting that input request is being shaped by lawsuit worth cognition portion machinery prepares for a rhythm modulation and the ingredients conception emerges arsenic an country of involvement awaiting a catalyst.

Nutrien Ltd. (NYSE:NTR) provides harvest inputs and services. The institution operates done 4 segments: Nutrien Ag Solutions, Potash, Nitrogen, and Phosphate.

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