On Wednesday, the Vetr crowd downgraded their rating for Potash Corporation of Saskatchewan (USA) POT from 4 stars (Buy), issued eight days ago to 2.5 stars (Sell). Crowd sentiment for the fertilizer company is split, with 50 percent of Vetr user ratings bullish.
Vetr's downgrade comes on the heels of an upgrade for Potash from Cowen, who boosted the stock from Underperform to Market Perform on Tuesday. The upgrade caused price in Potash to rise over 40 percent to a high of $20.23. The stock dropped the following day and ended trading Wednesday at $19.86.
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Currently, the Vetr crowd's average target price for Potash is down at $18.98, which is above the average analyst target price of $16.73. Less than 2 percent of Vetr users are holding POT in their watch lists.
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