Raymond James Downgrades POT

Wednesday, May 21, 2014, Raymond James Downgraded

to Market Perform from Outperform. Raymond James analyst Steve Hanson says the Downgrade rating is based upon the strong upside move in POT shares over the past several months. Hanson states, "While recent industry data continue to support our view that global potash fundamentals remain on the mend, we believe that recent share price gains, coupled with a commensurate expansion of the firm's underlying trading multiple, have together reduced the risk-reward proposition available to investors." POT shares were trading down .17 points at 37.05 from the previous close from yesterday of 37.22.