FMC price target lowered to $15.50 from $17 at Morgan Stanley

Morgan Stanley lowered the firm’s price target connected FMC (FMC) to $15.50 from $17 and keeps an Equal Weight standing connected the shares. The steadfast lowered its estimates but maintains the presumption that the astir apt result for FMC is immoderate signifier of a associated task oregon licence statement connected its 4 caller patented molecules, though this could besides see co-development of the equilibrium of the R&D pipeline.

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• FMC terms people lowered to $14 from $16 astatine RBC Capital

• FMC terms people lowered to $14 from $15 astatine UBS

• FMC terms people lowered to $14 from $16 astatine Wells Fargo

• FMC falls -20.1%

• FMC sees FY26 adjusted EPS $1.63-$1.89, statement $2.44