🔴 CF Industries is trading 4.11% down today after weaker-than-expected August industrial-production data

CF Industries is trading 4.11% down at $128.32 after weaker-than-expected August industrial-production data pressured the broader materials sector.

• Materials-sector weakness appears to be the clearest current explanation, while broader indexes are only modestly lower.
• KeyBanc initiated coverage at Underweight with a $115 price target, below the September 17 close.