Standpoint Research Upgrades Mosaic (MOS) to Buy
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Price: $26.31 +0.11%
Rating Summary:
11 Buy, 19 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
11 Buy, 19 Hold, 7 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
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Standpoint Research upgraded Mosaic (NYSE: MOS) from Hold to Buy.
Analyst, Ronnie Moas, said, "In light of the rapid acceleration in demand, MOS believes Q4 volumes for both potash and phosphates will be in the upper end of guidance ranges. Domestic and international crop nutrient markets have strengthened significantly, meeting the upper end of management's initial expectations and resulting in an improved near-term volume outlook."
"Mosaic is a high beta and unpredictable name in the near term. We are taking a longer term view here and focusing on emerging markets and the rising population there along with rising gross domestic product per capita trends."
For an analyst ratings summary and ratings history on Mosaic click here. For more ratings news on Mosaic click here.
Shares of Mosaic closed at $52.78 yesterday.
Analyst, Ronnie Moas, said, "In light of the rapid acceleration in demand, MOS believes Q4 volumes for both potash and phosphates will be in the upper end of guidance ranges. Domestic and international crop nutrient markets have strengthened significantly, meeting the upper end of management's initial expectations and resulting in an improved near-term volume outlook."
"Mosaic is a high beta and unpredictable name in the near term. We are taking a longer term view here and focusing on emerging markets and the rising population there along with rising gross domestic product per capita trends."
For an analyst ratings summary and ratings history on Mosaic click here. For more ratings news on Mosaic click here.
Shares of Mosaic closed at $52.78 yesterday.
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