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UPDATE: Topeka Capital Markets Initiates Coverage on The Mosaic Company with Hold Rating, $53 PT

Related MOS
RBC Downgrades Mosaic Co On Flat Demand, Higher Costs
UPDATE: Bank Of America Reiterates On Mosaic Co. On Strong Demand, Modest Price

In a report published Monday, Topeka Capital Markets initiated coverage on The Mosaic Company (NYSE: MOS) with a Hold rating and a $53.00 price target.

Topeka Capital noted, “We are initiating coverage of The Mosaic Company with a Hold rating and a $53 price target. Our Hold rating reflects our cautious view of the global potash supply and demand balance, as well as the overhang of the Cargill transaction that should resolve itself during 2H13.”

The Mosaic Company closed on Friday at $57.35.

Latest Ratings for MOS

DateFirmActionFromTo
Sep 2014RBC CapitalDowngradesOutperformSector Perform
Sep 2014Cowen & CompanyMaintainsMarket Perform
Aug 2014BGC PartnersDowngradesHoldSell

View More Analyst Ratings for MOS
View the Latest Analyst Ratings

Posted-In: Topeka Capital MarketsAnalyst Color Initiation Analyst Ratings

 

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