CF Industries To Rebound, Vetr Crowd Upgrades To 'Buy'

Shares of CF Industries Holdings, Inc. CF have lost more than 6.7 percent since September 12. The Vetr crowd seems to believe this has unlocked some room for upside, as evidenced by its average price target of $24.09. This target implies a potential return of roughly 2.5 percent from current valuations.

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Seeking to better reflect the upside potential, the Vetr community decided to upgrade its rating on shares of CF Industries on Thursday, from 3.0 stars (Hold) to 3.5 stars (Buy), out of a possible five-star rating.

It should be noted that while the crowd sees limited upside to CF Industries’ stock, 100 percent of its ratings are bullish, meaning that all raters believe the shares will surge to one degree or another.