BofA cuts price targets on US fertilizer companies amid trade tensions

ReutersApr 15, 2025 4:30 PM

BofA cuts price targets on fertilizer companies amid escalating U.S.-China trade war

Increased likelihood of a recession and a global trade war could have far more severe implications than previously expected - BofA

BofA sees potential downside from tariffs on U.S. exports, especially for soybeans

Brokerage cuts PT on the following firms:

Company	New PT	Old PT
FMC Corp FMC.N	$36	$48
Bunge Global BG.N	$84	$87
Corteva CTVA.N	$71	$73
ADM ADM.N	$47	$48

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