Bernstein believes that the agricultural cycle has bottomed,. as the firm says that farmers' net income is set to rebound. Bernstein says that this development is positive for Monsanto (MON) and Potash (POT), as it expects potash spot prices to trend positively during the spring planting season. The firm also expects Monsanto, DuPont (DD), and Dow Chemical (DOW) to benefit from this situation. It keeps Outperform ratings on all the stocks named except for Monsanto, on which it has an Underperform rating.

JPMorgan analyst Jeffrey Zekauskas upgraded Dow Inc. to Overweight from Neutral with a price target of $61, up from $55. The analyst says Dow is capable of outperforming because it is a beneficiary of higher oil prices, it has a "durable" 5% dividend yield, its value is sensitive to acceleration in global economic activity, and its downside risk is "cushioned by the existence of global political tensions." Dow benefits from a higher oil price because its raw materials slate is largely low-cost natural gas liquids, the analyst tells investors in a research note.

JPMorgan upgraded Dow Inc. to Overweight from Neutral with a $61 price target.

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here

Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.  1... To see the rest of the story go to thefly.com. See Story Here