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The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg Data.
Let's take a look at some of the stocks that are on the move. We can do that today with Isabell Lea from Bloomberg News. Isabel, what are you looking at?
CF Industries ticker as CF. It's a fertilizer company, so very exciting. I think not a lot of people think about fertilizer, but they're vital to our vegetables and all the others. So we see shares dropping around one and a half percent. We have Missumo cutting its recommendation to underperform from mutul So we saw the stock price really rally on expected growth in demand and prices after the
Iron War. And now the analyst is saying that this is overdone, and he notes that other fertilizer stocks have already started to give up some of their gains. So the analysts said that they believe the impact could be less than expected because most US farmers have already purchased or prepaid for their nitroch needs for the upcoming planting season. So he lowered his price target from one hundred dollars to ninety five dollars.
All right, and you're sticking with the analyst action.
You've got another name for.
Us, Constellation Brands, taker STZ. This one is slightly in the green, up by two tens of one percent. So Constellation Brands is a beverage company. It produces beer, wine, and spirit. So City raised the recommendation to buy from Neutral City said that a beer top line acceleration and evaluation that's bilow historical levels is expected, and the analyst expects a return to positive depletions in the fourth quarter after four quarters of negative depletions.
People are drinking less alcohol, is that what's going on at there? They're smoking more pot and doing the gummy things. Yes, okay, So.
The evidence yesterday was just the contrary.
Right, Saint patrichj parade in Mittel, Manhattan.
Right, boy, I didn't get to walk around.
You didn't celebration Patrick Station.
No, I don't actually do you sure?
Oh you didn't go to the stayed far away from the midtempery.
So happy to see Paul in a parade.
Saint Stephen's green down there in the Jersey, Short, Pat, really.
Sorry?
Give us one more here.
Duel Lingo is the last stock is down by two and a half percent. Do you well, uh no, wait, are you serious? It's an app but you can use to learn languages and I love I already have.
This is a trap.
The logo is a bird that's green, and I love talking about this because my tl Bldona Hirich is crazy. She has a two thousand days streak for French.
Can she speak French? That's my question?
Bonjour?
Maybe see that's how the kids you talk about the success or the metric of dueling. How many days consecutively have you gone onto the app pathetic as opposed to have.
You learned how to speak on? Probably my longest streak is five days.
But so Argus Research downgraded the language learning software company to hold from buy because they're saying that the company is focusing on increasing its daily active users to PulsePoint rather than monetization.
The Stock Movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live. Catch us on YouTube, Bloomberg Dot com and on Applecarplay and Android Auto with the Bloomberg Business App.
