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Barclays cuts FMC Corp price target to $16 amid agricultural sector challenges.
Barclays kept its "Equal Weight" rating on FMC Corporation but reduced its price target to $16, citing ongoing agricultural sector challenges like shifting demand and heightened competition.
The bank noted FMC’s exposure to regulatory pressures and input cost volatility, while highlighting its focus on innovation and portfolio optimization as potential long-term advantages.
The move reflects a cautious near-term outlook, with investors advised to monitor macroeconomic and industry-specific trends.
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Barclays recorta el precio objetivo de FMC Corp a $16 en medio de los desafíos del sector agrícola.