Fly News Breaks for February 14, 2020
CTVA, FMC, CF
Feb 14, 2020 | 06:15 EDT
Citi analyst P.J. Juvekar downgraded CF Industries (CF) to Neutral from Buy with a price target of $43, down from $56. The analyst cites high inventories and flatter cost curves for the downgrade. The impact of coronavirus seems negative for demand in China, Juvekar tells investors in a research note. Chinese crop nutrient diammonium phosphate prices have hardly moved since the virus outbreak, the analyst points out. He prefers agriculture investors to focus on FMC Corporation (FMC), his to pick, and Corteva (CTVA).
News For CF;FMC;CTVA From the Last 2 Days
Oct 19, 2020 | 17:14 EDT
CF Industries (CF) announced that Julie Scheck Freigang has joined the company as VP and chief information officer. She will be responsible for the company's global technology strategy, information technology operations and cybersecurity. Prior to joining CF, Freigang was VP, chief information officer at Franklin Electric (FELE).
Oct 19, 2020 | 05:20 EDT
Exane BNP Paribas analyst Laurent Guy Favre double downgraded Corteva to Underperform from Outperform with a price target of $, down from $30.