BUZZ-Australia's Nufarm gains as Morningstar remains upbeat on half-year earnings

Morningstar, Inc.

Morningstar, Inc.

MORN

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** Shares of Nufarm NUF.AX rise as much as 3.5% to A$3, hitting their highest since May 21

** Stock on track for five straight sessions of gains

** Morningstar notes agribusiness firm's strong first-half improvement

** Says Morningstar also sees great potential in its Seed Technologies business for substantial growth from a low base and re-prioritised strategy

** Adds investment research firm's fair value estimate of A$3.5 stands

** Stock on track to rise 23.6% for the week, its strongest weekly move since early February 2022

** Nufarm up 27.2% YTD, including the day's moves


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