---
title: "BUZZ-Jefferies upgrades US-listed shares of Nutrien to 'buy'; shares rise"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/278858572.md"
datetime: "2026-03-12T09:54:08.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/278858572.md)
  - [en](https://longbridge.com/en/news/278858572.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/278858572.md)
---

# BUZZ-Jefferies upgrades US-listed shares of Nutrien to 'buy'; shares rise

Jefferies upgrades U.S.-listed shares of Canadian agrichemicals company Nutrien (NTR.TO) , (NTR.N) to “buy” from “hold”

It also raises price target to $96 from $74, representing an upside of 21% to the stock’s last close on Wednesday

U.S.-listed shares of the company up 4.4% at $82.77 in premarket trading, as fertilizer stocks soar on the escalated Middle East conflict, which tightened the global fertilizer markets

Brokerage says North American producers, like NTR, are geographically insulated from fighting

Jefferies expects near-term demand to be inelastic, with knock-on effects for row crop decisions next year

14 out of 24 brokerages rate the stock “buy” or higher, 8 “hold” and 2 “sell”; their median PT is $72.60- LSEG data

As of last close, shares up 28.5% YTD

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- [Assessing Nutrien (TSX:NTR) Valuation After Recent Share Price Momentum](https://longbridge.com/en/news/282669439.md)
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