TD Securities and Scotiabank Take Different Views on Nutrien (NTR) after Q1 Results

With an annual dividend yield of 3.18%, Nutrien Ltd. (NYSE: NTR ) is included among the Top 10 High Dividend Stocks to Invest In According to Analysts .

On May 11, TD Securities lowered its price recommendation on Nutrien Ltd. (NYSE:NTR) to $83 from $86. It reiterated a Buy rating after reviewing the company’s first-quarter results. The firm said it expects phosphate margins to come under pressure during the second quarter.

Also on May 11, Scotiabank increased its price goal on Nutrien to $80 from $75. It kept a Sector Perform rating on the stock. The firm said it is becoming more positive on Nutrien despite near-term risks to nitrogen prices and ongoing regional challenges that continue to affect grower economics.

During Nutrien’s Q1 2026 earnings call, President and CEO Ken Seitz said the company delivered record potash sales volumes in the first quarter. Stronger results from the Nitrogen and Retail segments helped support that performance. Seitz said Nutrien increased production at its low-cost North American facilities and strengthened its supply chain to keep products available for customers as fertilizer markets tightened around the world.

He added that the company continued to take steps to simplify its operations, strengthen and expand its core assets, and improve capital efficiency. According to Seitz, those efforts have helped build a more resilient portfolio and support long-term growth in free cash flow.

Nutrien Ltd. (NYSE:NTR) is a global provider of crop inputs and agricultural services. The company operates a network of production, distribution, and ag retail facilities. Its business is organized into four segments: Nutrien Ag Solutions (Retail), Potash, Nitrogen, and Phosphate.

While we acknowledge the potential of NTR as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

READ NEXT: Dividend Aristocrats Ranked By Yield: Top 10 Stocks and Billionaire George Soros Stock Portfolio: 10 Best Stocks to Buy