JPMorgan analyst Jeffrey Zekauskas upgraded Nutrien to Overweight from Neutral with a price target of $44, up from $42. Investors are likely to gravitate to equity investments with above-average dividend yields given that the 10-year Treasury yield is now at 1.13%, Zekauskas tells investors in a research note. The analyst points out that Nutrien's dividend yield is 4.5%. Further, the stability of agricultural demand and overall financial return will prove alluring to investors in an uncertain global industrial demand environment affected by the COVID-19, Zekauskas adds.