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Expect Mosaic (MOS) shares to begin reacting more to the recent surge in grain prices, Citi says...

  • Monday, July 23, 2012, 3:39 PM ET
    Expect Mosaic (MOS) shares to begin reacting more to the recent surge in grain prices, Citi says in upgrading the stock to Buy and adding it to its Top Picks list. The historic correlation may have been disrupted temporarily, but the firm sees no reason to suspect any change in long-term fundamentals. Citi now prefers MOS to POT, and expects shares to hit $66; the firm also lifts target prices on AGU and CF.
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