Brazil Potash initiated with a Speculative Buy at Cantor Fitzgerald

Cantor Fitzgerald analyst Mike Kozak initiated coverage of Brazil Potash (GRO) with a Speculative Buy rating and $2.75 price target Brazil Potash is advancing its 100%-owned Autazes potash mining project targeting initial production in 2030+, the analyst tells investors in a research note. The project will supply potash to Brazil, the world’s largest importer of the nutrient critical for improving agricultural production, the firm says.