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Mosaic price target lowered to $33 from $35 at Scotiabank

Scotiabank lowered the firm’s price target on Mosaic (MOS) to $33 from $35 and keeps an Outperform rating on the shares. The firm is updating its price targets for Global Fertilizer stocks under its coverage, the analyst tells investors. The firm sees Mosaic as its “#1 turnaround story” and prefers to be long for Iran war unwind.

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