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Mosaic price target lowered to $39 from $42 at Scotiabank

Scotiabank lowered the firm’s price target on Mosaic (MOS) to $39 from $42 and keeps an Outperform rating on the shares. The company “over-promised and under delivered” and the firm believes the stock is “unlikely to work near-term” until the company begins under-promising and over-delivering, the analyst tells investors.

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