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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.

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.

The $250 Trillion AI Hype is Real. A few years from now, you’ll probably wish you’d bought this stock.

When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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