BUZZ-BMO raises PT on Canadian agrichemical company Nutrien

Reuters
02/20
BUZZ-BMO raises PT on Canadian agrichemical company Nutrien

** Brokerage BMO Capital Markets raises price target on U.S.-listed shares of Canadian agrichemical company Nutrien NTR.TO, NTR.N to $85 from $75

** The new PT represents upside of 18.4% to stock's last close

** Brokerage expects potash markets to stay stable while noting emerging generic crop‑protection pressures in some direct‑to‑grower competitive models

** Says co continues to evaluate strategic options for Brazilian Retail, with potential direction expected later in 2026

** "Nutrien continues discussions with the government in Trinidad regarding gas and port fees; while no workforce reductions have occurred to date, this could change absent progress," - BMO

** Brokerage Raymond James also raises PT to $74 from $68, an upside of 3.1% to stock's last close

** 12 of 23 brokerages rate the stock "buy" or higher, 9 "hold" and 2 "sell", median PT is $70.50 - LSEG data

** In 2025, NTR was up 29.7%

(Reporting by Varun Sahay in Bengaluru)

((Varun.sahay@thomsonreuters.com))

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