CIBC lowered the firm’s price target on Mosaic (MOS) to $32 from $34 and keeps a Neutral rating on the shares. The firm says the company’s phosphate performance is lacking consistency. It reduced estimates post the earnings report. Mosaic needs improved execution to narrow its multiple gap with peers, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MOS: