Loop Capital Upgrades FMC Corp Stock from Sell to Neutral

Shares of FMC Corporation (NYSE: FMC) were just recently upgraded by an equity research analyst at Loop Capital, which is a bullish signal for existing and potential investors in FMC stock. Here’s what you need to know about the analyst upgrade:

Loop Capital Upgrades FMC Stock

Loop Capital moved its rating on shares of FMC from sell to neutral and moved its price target on FMC Corp stock from $132 to $149. The last traded price per share of FMC at the time of writing this is $127.13, implying a bit of upside from here. In case you’re not very familiar with FMC Corporation, here’s an overview:

About FMC Corporation (NYSE: FMC)

FMC Corporation, an agricultural sciences company, provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that include insecticides, herbicides, and fungicides; and biologicals, crop nutrition, and seed treatment products, which are used in agriculture to enhance crop yield and quality by controlling a range of insects, weeds, and diseases, as well as in non-agricultural markets for pest control. The company markets its products through its own sales organization and through alliance partners, independent distributors, and sales representatives. It operates in North America, Latin America, Europe, the Middle East, Africa, and Asia. FMC Corporation was founded in 1883 and is headquartered in Philadelphia, Pennsylvania. You can learn more on the FMC Corp website here.