Mosaic price target raised to $29 from $27 at RBC Capital

RBC Capital analyst Andrew Wong raised the firm’s price target on Mosaic (MOS) to $29 from $27 and keeps a Sector Perform rating on the shares. Mosaic benefits from a constructive potash market, but the firm expects continued uncertainty into 2026 given that phosphate prices remain elevated but could decline, the analyst tells investors in a research note. Phosphate operations that may improve, but RBC sees margins negatively impacted by higher input costs, with soft Brazil ag conditions that may also impact Fertilizantes, the firm added.