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New Buy Rating for Nutrien (NTR), the Basic Materials Giant

Tipranks - Tipranks - Thu Apr 9, 7:30AM CDT

In a report released today, Vincent Andrews from Morgan Stanley maintained a Buy rating on Nutrien, with a price target of $93.00.

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According to TipRanks, Andrews is a 3-star analyst with an average return of 1.8% and a 58.97% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Intrepid Potash, RPM International, and Sherwin-Williams Company.

In addition to Morgan Stanley, Nutrien also received a Buy from RBC Capital’s Andrew Wong CFA in a report issued yesterday. However, on March 26, UBS downgraded Nutrien (NYSE: NTR) to a Sell.

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NTR market cap is currently C$51.49B and has a P/E ratio of 13.01.

Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is neutral on the stock.

Read More on NTR:

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