Seeking Alpha

Potash (POT) +1.6% premarket after J.P. Morgan upgrades shares to Overweight from Neutral with a...

Potash (POT) +1.6% premarket after J.P. Morgan upgrades shares to Overweight from Neutral with a $45 price target, as prospects for volume growth have improved since the end of 2012. While earnings have fallen since 2011 and POT has generated little free cash flow due to substantial investments to increase its potash capacity, the firm believes the long period of capital investment is coming to an end.
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