- Mosaic (MOS) is downgraded to Sell from Neutral at Goldman Sachs, which maintains a cautious coverage view on fertilizer stocks underpinned by a negative outlook for corn and soybean prices over the next 12 months that will pressure farmer economics and 2015 acreage potential.
- With MOS discounting $360-$370/metric ton potash prices in 2015, and down only 8% from the break-up of Belaruskali in late July, the firm believes shares already reflect an overly optimistic medium-term price recovery.
- MOS -0.8% premarket.
From other sites
at CNBC.com (Nov 19, 2014)
at CNBC.com (Nov 18, 2014)
at CNBC.com (Oct 30, 2014)
at CNBC.com (Oct 2, 2014)
at CNBC.com (May 6, 2014)
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