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Scotiabank upgrades Mosaic to Outperform, thinks stock has bottomed
The Fly

Scotiabank upgrades Mosaic to Outperform, thinks stock has bottomed

As previously reported, Scotiabank analyst Ben Isaacson upgraded Mosaic to Outperform from Sector Perform with a $40 price target after the company’s Q4 EBITDA beat the Street forecast by 5%. The analyst believes the stock has bottomed and notes that the company raised its 2024 potash plus phosphate global demand guidance.

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