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Mosaic upgraded to Buy from Neutral at UBS

UBS upgraded Mosaic (MOS) to Buy from Neutral with a $45 price target Amid a broad based improvement in the outlook for fertilizer pricing, the firm sees Mosaic as “best placed to benefit from the improved P&K pricing outlook,” the analyst tells investors. The firm sees the greatest upside risk to pricing in phosphates, followed by potash, the analyst added.

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