$NTR

Nutrien Ltd. (NTR) will permanently close its Trinidad Nitrogen facility due to natural gas supply issues, aiming to improve free cash flow and return on invested capital. The closure, effective immediately, will not impact 2026 Nitrogen sales volume guidance, as the company had not included Trinidad operations in its projections.

RBC's Andrew Wong sees strong crop prices supporting North American fertilizer companies. He upgraded Nutrien (NTR) to 'outperform' with a $85 target, citing strong execution and supportive market conditions. He downgraded Mosaic (MOS) to 'sector perform' with a $25 target due to phosphate market challenges. Scotia's Jonathan Goldman upgraded Russel Metals (RUS) to 'sector outperform' with a $113 target, citing business transformation and strong demand.

CIBC's chief market technician Sid Mokhtari released his top 10 stock picks for October, including Gibson Energy (GEI-T), Suncor (SU-T), Nutrien (NTR-T), Constellation Software (CSU-T), Shopify (SHOP-T), Finning International (FTT-T), Bank of Nova Scotia (BNS-T), and Northland Power (NPI-T). His portfolio has outperformed the S&P/TSX Composite Index over the past four years, with a 9.29% YTD return. The TSX declined 2.85% in September, with tech as the only positive sector.

Meta shares rose 12% to $747.91 after strong AI assistant traction and a higher price target from Wells Fargo. New Era Energy secured a 20-year power deal for its Texas data center. Crypto-linked stocks gained as bitcoin surpassed $86,000. Fertilizer producers fell on news of a potential US-Belarus potash deal. Novo Nordisk shares dropped 7% amid competition concerns in the weight-loss drug market. Warner Bros Discovery and Paramount shares rose amid settlement talks.

President Trump announced a potential deal to buy potash from Belarus at lower prices than Canada. Canada is the world's largest potash exporter, with over 39% of global exports. Fertilizer stocks like Mosaic, Intrepid Potash, and Nutrien fell up to 5% on the news, as cheaper Belarusian potash could impact North American market margins.

Shares of Mosaic (MOS), Intrepid Potash (IPI), Nutrien (NTR), and CF Industries (CF) fell 3-5% after President Trump announced a potential potash deal with Belarus, threatening North American suppliers' margins. The U.S. currently relies on Canadian potash imports.

RBC Capital's Andrew Wong maintained a Buy rating on Nutrien (NTR) with a $85.00 price target. NTR closed at C$110.53. The analyst consensus is Moderate Buy with a $76.08 average target. NTR has a C$51.83B market cap and P/E of 15.98. Insider sentiment is positive.

Nutrien Ltd. insiders bought shares during the summer. Noralee Bradley acquired 1,045 shares at $87.86, while Mark Thompson bought 265 shares at $91.37. Both purchases occurred while the stock traded below $100.

TD Cowen analyst Cherilyn Radbourne reiterated a 'buy' rating and $70 target for Brookfield Asset Management (BAM), citing resilient earnings and diversified growth. RBC analyst Bart Dziarski maintained an 'outperform' rating with a $65 target, noting the company's growth plans. RBC's Andrew Wong kept an 'outperform' rating and $85 target for Nutrien (NTR), highlighting strong fundamentals and operational execution. TD Cowen's Derick Ma added Royal Gold (RGLD) to its 'Canada Best Ideas' list, ci

U.S. farmers are urging the Trump administration to use antitrust laws against major fertilizer companies, including Mosaic, Nutrien, CF Industries, Koch Agronomic Services, and Yara International. The DOJ is already investigating these firms for potential price-fixing.