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Fly News Breaks for March 20, 2017
Mar 20, 2017 | 06:42 EDT
Goldman analyst Adam Samuelson upgraded CF Industries to Buy and maintained its $36 price target. The analyst believes the recent turn in sentiment is overdone and sees an attractive tactical entry point following year-to-date share underperformance and cyclical upside from a Nitrogen price recovery. Samuelson views CF as a free cash flow winner in an improving Nitrogen environment following completion of its Donaldsonville and Port Neal capacity expansions.
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