Potash (POT -1.9%) is downgraded to Sector Perform with a $48 price target by RBC after its...

|About: Potash Corporation of Saska... (POT)|By:, SA News Editor

Potash (POT -1.9%) is downgraded to Sector Perform with a $48 price target by RBC after its profit warning yesterday, citing challenging potash fundamentals. RBC thinks 2013 will be a challenging year for POT, given its "outlook for softening potash prices and the risk that the company may need to reduce production."