In addition, long-beaten-down investors are finally seeing the light for a recovery in agricultural nutrient prices. The stock had a ho-hum start to 2017 until analysts at B of A Merrill Lynch changed their rating from hold to buy on January 20, citing likely improvements in earnings starting this year.
Category: CF Industries
Why Cemex, CF Industries, and Noble Corp. Jumped Today
The stock market closed the week on a positive note on Friday, as major market benchmarks climbed between 0.25% and 0.5% on the day. Many market participants focused on the inauguration festivities in Washington, but the fact that today was an options expiration day added to volume on what would otherwise have likely been a fairly quiet trading day.