Raymond James Downgrades Nutrien Ltd. (NTR) from ‘Outperform’ to ‘Market Perform’ Rating

Nutrien Ltd. (NYSE:NTR) is one of the 7 Best Fertilizer Stocks to Buy According to Hedge Funds.

Raymond James Downgrades Nutrien Ltd. (NTR) from ‘Outperform’ to ‘Market Perform’ Rating

Kingarion/Shutterstock.com

Nutrien Ltd. (NYSE:NTR)’s stock was downgraded from ‘Outperform’ to ‘Market Perform’ by Raymond James on June 17, 2025. The analyst maintained the price target at $68. This development follows a 40% YTD gain for the company. As such, the analyst believes that there is limited upside potential for the stock due to valuation pressures. The analyst points to the recent potash contract settlements with China and India that may support pricing. However, it was also noted that a retreat in corn prices and seasonality factors could limit short-term growth.

Nevertheless, Nutrien Ltd. (NYSE:NTR) maintained its full-year 2025 guidance, providing reassurance regarding its plan to achieve $200 million in cost savings a year ahead of schedule. Additionally, the company acquired two U.S. retail channels, expanding its domestic presence and signaling optimism in long-term demand fundamentals.

The company operates through four segments: Potash, Nitrogen, Phosphate, and Nutrien Ag Solutions. Nutrien Ltd. (NYSE:NTR) prepares crop inputs that are critical in supporting global food supply chains. It is one of the best fertilizer stocks to buy right now.

While we acknowledge the potential of NTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 10 Best Marketing Stocks to Buy Right Now and 10 Best Cybersecurity Stocks to Invest in Under $20.

Disclosure: None.