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Fly News Breaks for September 22, 2015
MOS, POT, AGU
Sep 22, 2015 | 07:49 EDT
Canaccord continues to prefer Agrium (AGU) in the fertilizer space citing its retail operations, its nitrogen sales to North America, volume growth in the wholesale business, free cash flow, and valuation. Canaccord reiterated its Buy rating but lowered its price target to $112 from $115 on Agrium shares. Others in the space include Potash (POT) and Mosaic (MOS), which announced last night that it will reduce production in its potash business.
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