Monsanto (MON +1.3%) is upgraded to Buy with a new $100 target price at Monness Crespi, as...

|About: Monsanto Company (MON)|By:, SA News Editor

Monsanto (MON +1.3%) is upgraded to Buy with a new $100 target price at Monness Crespi, as continually increasing glyphosate prices are leading to greater EPS upside in 2013. The firm sees MON benefiting from these higher prices, both in its branded Roundup products as well as in its generic glyphosate, and raises estimates to well above consensus.