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Fly News Breaks for November 8, 2018
NTR
Nov 8, 2018 | 09:03 EDT
Stephens analyst Mark Connelly said Nutrien is reaping the rewards of both acquiring PotashCorp at "the very bottom of the cycle" and taking advantage of PotashCorp's strong operating team. While he notes that nitrogen has "already had a good run," Connelly continues to see considerable upside in potash earnings, he tells investors. Following Nutrien's Q3 report, Connelly raised his price target on the stock to $68 from $64 and keeps an Overweight rating on the shares.
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