UPDATE: Dahlman Rose Downgrades CF Industries Holdings to Hold

In a report published Monday, Dahlman Rose & Co. downgraded its rating on CF Industries Holdings

from Buy to Hold. Dahlman Rose noted, “We are reducing our rating on CF to Hold from Buy based on our belief that a majority of the positive elements driving earnings are easing or reversing. High expectations for 2013 corn planting are already discounted into the shares and fall application demand is coming to an end shortly.” CF Industries Holdings closed on Friday at $210.51.