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Fly News Breaks for January 25, 2016
POT, MOS
Jan 25, 2016 | 06:24 EDT
JPMorgan analyst Jeffrey Zekauskas downgraded Mosaic (MOS) to Neutral after lowering his estimates to reflect reduced average potash and phosphate prices. The analyst cut his 2016 earnings per share estimate for Mosaic to $1.85 from $2.75 and dropped his price target for the shares to $24 from $40. Zekauskas this morning also downgraded Potash (POT) to Neutral.
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