What exactly did CIBC change for CF on Feb 20, 2026?

CIBC maintained a Neutral rating for CF and raised the price target to **$100** from **$96** on Feb 20, 2026. The note cited improved near-term visibility but did not increase conviction, so the recommendation stayed Neutral.

How should investors interpret the maintained Neutral CF analyst rating?

A maintained Neutral suggests CIBC expects CF to roughly match market returns near term. It is not a buy or sell signal, but indicates modest improvement in fundamentals versus prior expectations.

Does the CF price target raise to $100 change valuation expectations?

Yes, the raise to **$100** updates valuation expectations slightly higher, but the Neutral stance means CIBC still sees limited upside relative to risk. Investors should compare the target to current price and peers.

Where can I read the original CIBC note and other coverage?

The price target note is published on TheFly and linked in our coverage. For broader upgrades and downgrades context, consult the Wall Street Journal feed cited earlier.

Analyst Ratings

CIBC Maintained Neutral on CF (CF Industries) Feb 20, 2026 PT $100

ByDanny Kontos February 23, 2026February 23, 2026

On Feb 20, 2026 CIBC maintained a Neutral rating on CF (CF Industries Holdings, Inc.) and raised the price target to $100 from $96. This CF analyst rating note flags a modest bullish revision in target while keeping conviction neutral. The report lists valuation and sector drivers as reasons for the adjusted target and unchanged stance. Investors should note the call arrived with a reported 3.35% ($3.22) price move since the prior note.