Barclays lowered the firm’s price target on Mosaic (MOS) to $35 from $42 and keeps an Overweight rating on the shares. The firm cut targets in the agribusiness group, citing softness in Q4 due to demand deferral given high pricing. However, some of this will be offset based off a strong harvest in U.S., the analyst tells investors in a research note.
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- Mosaic price target lowered to $33 from $37 at Goldman Sachs
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- Mosaic assumed with an Equal Weight at Wells Fargo
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- Mosaic price target raised to $36 from $34 at Scotiabank