Russell Investments Group Ltd. decreased its holdings in Nutrien Ltd., impacting the stock price.
Stock AI’s forecasts:
🔴 -6.2% short-term ⬇️
🟢 +1.2% long-term ⬆️
Stock AI’s (NTR) Forecast get (+7.0% Profit)
StockAI’s analysis delivers real-world results. On 17 January 2024, $NTR ($48.51), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $51.92 (🟢7.0%). Buying NTR on this signal yielded a +7.0% profit 💰💰.
NTR-Nutrien Ltd. News
🔴 Russell Investments Group Ltd. decreased its holdings in Nutrien Ltd. by 22.7% in the 4th quarter, which could signal lack of confidence in the stock.
🟢 Nutrien will be posting its quarterly earnings results, which could potentially boost investor confidence and lead to a price increase.
🔴 Level Four Advisory Services LLC lessened its stake in Nutrien by 25.5% in the 4th quarter, suggesting a negative sentiment towards the stock.
🟢 Nutrien had its price target raised by Mizuho, indicating a positive outlook for the company and potential price growth.
🔴 Swiss National Bank decreased its holdings in Nutrien by 3.2% in the 4th quarter, which could impact the stock negatively.
🟢 Nutrien is scheduled to announce its earnings results, which could provide clarity on the company’s financial health and lead to a price increase.
Nutrien Ltd. (NTR) has been experiencing a mix of positive and negative news recently, with some investors decreasing their holdings while others are raising price targets. The upcoming earnings results could be a turning point for the stock, potentially leading to increased investor confidence and a boost in price. It’s important for investors to closely monitor these developments and consider the overall market sentiment before making any investment decisions.
NTR-Nutrien Ltd. Analyst Ratings
In recent analyst ratings for Nutrien Ltd. stock, there have been some notable changes:
📉 Mizuho downgraded Nutrien from a hold rating to a strong sell rating.
📉 Zacks Research lowered their Q2 2024 earnings per share estimates for Nutrien.
📈 Berenberg Bank upgraded Nutrien from a hold rating to a buy rating.
These analyst ratings reflect varying perspectives on the future performance of Nutrien Ltd. stock.
Sources:
1. etfdailynews
2. etfdailynews
3. etfdailynews
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.
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