Vetr Downgrades CF Industries On Mixed Expectations For Agricultural Sector

On Monday, the Vetr crowd downgraded their rating for CF Industries Holdings, Inc. CF from 3.5 stars (Buy), issued two days ago, to 1 star (Strong Sell). Crowd sentiment for the stock is mostly cautious, with 87 percent of Vetr user rating bearish.

Share price in the nitrogen fertilizer manufacturer received a boost on January 24, after analysts with Cowen issued an upgrade to Market Perform. The stock traded up to a year-high of $37.10 before leveling out within $0.50 of the $36 mark later in the week.

However, at the start of trading on Monday, CF was beginning to recede from that benchmark. By noon, the stock was hovering around $35.43.

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Currently, the Vetr crowd's average target price for CF Industries is down at $25.23, which is below the average analyst rating of $30.14. Less than 2 percent of Vetr users are holding CF in their watch-lists.