FMC Co. (NYSE:FMC – Get Free Report) shares hit a new 52-week low on Wednesday after BMO Capital Markets lowered their price target on the stock from $62.00 to $50.00. BMO Capital Markets currently ...
The view came after FMC reported that revenue rose 7% in the fourth quarter. It also swung to a loss, primarily tied to tax incentives in the prior-year period granted to its Swiss subsidiaries.