CF Industries Falls, Constellation Brands Rises, Duolingo Drops After Ratings Downgrade
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Show Notes
On this episode of Stock Movers:
- CF Industries (CF) falls after Mizuho Securities cut its recommendation on the fertilizer company to underperform from neutral after the stock price rallied on expected growth in demand and prices after the Iran war and disruption to the Strait of Hormuz tightened fertilizer supply.
- Constellation Brands (STZ) is up after Citi raised the recommendation on the beverage company to buy from neutral, citing a beer topline acceleration and a valuation that’s below historical levels.
- Duolingo (DUOL) falls after Argus Research downgraded the language learning software company to hold from buy.
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