Why FMC Stock Got Mashed on Monday
Agricultural sciences company (NYSE: FMC) wasn't growing on the stock exchange Monday. The company's share price declined by nearly 5% that day, following an analyst's substantial reduction in his price target. The stock's decline was much steeper than the 0.9% fall of the bellwether S 500 index.
Before market open Monday, Jeffrey Zekauskas of JPMorgan Chase unit J.P. Morgan lowered his FMC price target to $14 per share. That was quite some distance down from his previous fair value assessment of $43. Despite the big change, Zekauskas maintained his existing neutral recommendation on the stock.
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Source Fool.com
FMC Corp. Aktie
12,06 €
1,17 %
Die FMC Corp. Aktie wird positiv bewertet: Mehrere Buy-Einschätzungen, keine Sell-Einschätzungen.
Für FMC Corp. sieht die Community ein Kursziel von 41 €, was mehr als das Doppelte des aktuellen Kurses von 12.06 € ausmacht.
