Why These 5 Stocks Are Moving on Friday

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1. CF Industries Holdings, Inc. (NYSE:CF) has gained 2.5% today after Jeffrey Zekauskas at JPMorgan increased the price target on the stock from $75 to $77 while reiterating a Neutral rating. The analyst thinks that the Deerfield, Illinois-based fertilizer manufacturing company does not face the cost predicament as faced by its European competitors. The cost of natural gas for CF Industries is $4.70/MMBtu, and the company is significantly profitable at the current nitrogen prices. At the end of Q4 2021, 58 hedge funds had a stake in CF Industries Holdings, Inc. (NYSE:CF), up from 49 in the preceding quarter.

You can also take a peek at the 6 Best Stocks to Buy According to Michael Burry and 10 Best Metaverse ETFs To Buy.

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