Mosaic (MOS): Focus On Fertilizers

Mosaic (MOS) stock price is up almost 64% year-to-date. CFRA's Richard Wolfe states that they maintain a hold opinion on the MOS stock, but lifter their price target to $73 from $52. The analyst stated that industry dynamics support a stronger-for-longer fertilizer price environment, but stocks remain sensitive to news flow. Wolfe says that investors could be growing wary of risks surrounding demand destruction and farmers shifting to less fertilizer-intensive crops.

Market On Close

01 Apr 2022

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