kusadasi schreef op 16 juli 2019 15:12:
De sector in de VS krijgt nog een opwaardering.
8:21 AM ET, 07/15/2019 - Reuters
** Cowen & Co raises PT on agricultural chemicals firms Nutrien Ltd to $63 from $59, CF Industries Holdings to $53 from $47
** Brokerage sees "most significant" near-term upside for nitrogen, a key nutrient for growing corn and wheat, based on the developing situation in corn
** Brokerage sees CF and NTR getting the strongest benefit followed by CVR Partners in the second half of 2019
** Says in spite of near-term volatility from flooding and the poor early season weather which slowed plant growth, ultimately its a constructive enviornment for agri equities
** Expects average U.S. realizations for fertilizers to increase in H219
** Says investors should be aware that fertilizer inventories in the U.S. are not excessive, despite the lower application and traders have moved more product offshore to moderate the inventory problem low demand creates
** Adds that nitrogen could be the biggest winner during the fall given the obvious preference for corn, and growers committing to corn acres in the fall by applying nitrogen to more areas
** On a YTD basis, NTR shares up 1.5% YTD, CF up 6.11% (Reporting By Arundhati Sarkar in Bengaluru)