-Reuters
FMC Corp May See Volume Contraction, Analyst Warns Of Flattish Underlying Demand, Downgrades Stock
BofA Securities analyst downgrades FMC Corporation due to anticipated 20% volume contraction in 2023, raising concerns over flattish underlying demand and potential aggressive price actions in 2024. The analyst highlights uncertainties in monitoring channel inventory levels and emphasizes FMC's product pipeline as a potential valuation recovery driver.