Shares of Potash Corporation of Saskatchewan (USA) POT have been quite volatile in 2016. However, the stock is up 2.3 percent year-to-date.
Amidst such volatility, top raters at the Vetr community decided to upgrade their rating on the stock from 3.0 Stars to 3.5 Stars – out of a possible 5.0 Stars.
Related link: Here's How Crowdsourced Ratings Can Beat The Market
The crowd has set an average price target of $18.05 per share, which implies an upside of almost 3 percent from current valuations. While upside seems limited, it should be noted that 84 percent of the crowd’s ratings are bullish.
Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.
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