Jefferies Downgrades Nutrien to Hold Amid Weaker Long-Term Outlook for Fertilizer
Jefferies downgraded Nutrien from Buy to Hold, citing a weaker long-term outlook despite near-term benefits from geopolitical disruptions in agricultural markets. The brokerage noted that the stock has already given up much of its recent gains.
Tickers: $NTR
Topics: fertilizer industry geopolitical risks Nutrien stock downgrade