According to Morgan Stanley, Mosaic Company MOS price target is lowered to $77.
Morgan Stanley said that evidence is mounting that the recent demand pause in fertilizer has come to an end (corn prices firming, production cuts reverting price trends, demand returning, etc.) “Nonetheless, Mosaic remains just ~8% off of its 52-week low despite its recent repurchase of 5% of shares outstanding.”
Mosaic Company closed yesterday at $53.30.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in