{
}
FMC Corporation's shares have been downgraded by UBS from "buy" to "neutral," with a price target cut from USD 66 to USD 38, amid expectations of no market recovery in crop protection products by 2025. RBC Capital Markets also downgraded the stock, citing inventory concerns, while analysts noted mixed sentiments and a significant underperformance compared to sector averages. The current dividend yield stands at 4.46%, which is below the industry average, contributing to a generally poor outlook for the company's stock.
UBS has downgraded FMC Corp. from Buy to Neutral, slashing the price target from $66 to $38 due to concerns over the company's near-term prospects and long-term challenges. The stock has plummeted over 36% recently, trading near its 52-week low, as analysts express worries about competitive pressures and sustainability of dividends. Despite a solid dividend yield and potential volume growth from new products, risks related to sales strategy and pricing pressures have led to a cautious outlook for the company.
UBS has downgraded FMC Corp. from Buy to Neutral, slashing its price target from $66 to $38 due to concerns over the company's near-term outlook and long-term challenges. The stock has plummeted over 36% recently, trading near its 52-week low, as analysts express worries about competitive pressures and dividend sustainability. Despite a solid dividend yield and recent earnings beat, FMC's revenue fell short of expectations, prompting multiple analysts to downgrade their ratings.
Arun Viswanathan
People
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
fmc corporation faces downgrades amid uncertain market outlook and strategy changes
16:15 07.02.2025
ubs downgrades fmc stock to neutral slashes price target to thirty eight dollars
United States Dollar
Euro
Morgan Stanley
FMC Corp
USA
Joshua Spector
Vincent Andrews
Arun Viswanathan
Steve Byrne
Show more
06:21 07.02.2025
ubs downgrades fmc stock to neutral amid declining outlook and challenges
United States Dollar
FMC Corp
USA
Joshua Spector
Vincent Andrews
Arun Viswanathan
Steve Byrne
Show more
06:11 07.02.2025
Trending
Subcategory
Industry Trends
Corporate News
Supply Chain Management
Startups & Entrepreneurship
Global Trade Developments
Government Economic Policies
Industry Mergers & Acquisitions
Retail and Consumer Goods
Financial Scams and Security
Workplace Trends
Venture Capital Investments
Finance Mergers & Acquisitions
Cryptocurrency Trends
Funding Rounds & Investments
Fintech Startups
Emerging Startups
CEO Changes
Market Analysis and Predictions
Consumer Protection Regulations
Corporate Social Responsibility
Countries:
Companies:
Apple Inc.
Google Inc.
NVIDIA Corporation
Delhivery Limited
Ecom Express Ltd.
Alphabet Inc.
OpenAI ERC USD
Ciscom Corp.
ERICSSON - CLASS B
Physicswallah Ltd.
Learning Resources Inc.
MGA Entertainment Inc.
Snap Inc.
Tiktok USD
Semiconductor Manufacturing International Corporation
Hua Hong Semiconductor Ltd.
Spotify Technology S.A.
Dropbox, Inc.
Vimeo, Inc.
Adobe Inc.
Currencies:
United States Dollar
Indian Rupee
Chinese Yuan
Euro
Vietnamese Đồng
New Taiwan Dollar
United Arab Emirates Dirham
Russian Ruble
South Korean Won
Pakistani Rupee
Algerian Dinar
Australian Dollar
Thai Baht
Japanese Yen
Saudi Riyal
People: