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Fly News Breaks for November 4, 2015
MOS
Nov 4, 2015 | 09:23 EDT
Susquehanna noted Mosaic posted lower than expected Q3 earnings but highlighted comments from the CEO about potash pricing elasticity and channel inventory being drawn down in Brazil. The company is projecting a demand recovery in 2016, said Susquehanna, which reiterated its Positive rating and lowered its price target to $47 from $50 on Mosaic shares.
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