Stifel analyst Vincent Anderson lowered the firm’s price target on Mosaic to $36 from $41 and keeps a Hold rating on the shares. The firm is updating Q3 estimates for observed pricing in the quarter and adjusting its 2023 and 2024 estimates for its updated price deck.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MOS:
- Mosaic comments on CIT countervailing duty ruling
- CVD reversal doesn’t alter Mosaic ‘base case,’ says Morgan Stanley
- RBC says ruling potentially negative for phosphate makers, especially Mosaic
- Mosaic put volume heavy and directionally bearish
- U.S. Court remands ITC fertilizer decision for further proceedings