Mosaic price target raised to $61 from $58 at Citi

Citi analyst P.J. Juvekar raised the firm’s price target on Mosaic to $61 from $58 and keeps a Buy rating on the shares. The company reported a "weak" quarter but agriculture fundamentals remain positive, Juvekar tells investors in a research note. The lack of sales coming out of Belarus remains a large export opportunity into next year, Juvekar tells investors in a research note.