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Fly News Breaks for December 10, 2015
MOS
Dec 10, 2015 | 07:26 EDT
UBS believes Mosaic appears well positioned to grow its earnings over the next several years even in a weaker fertilizer price environment. The firm expects increased gross margins through lower ammonia costs and said they should benefit from further Canadian dollar weakness and operational improvements. UBS maintained its Buy rating and $40 price target on Mosaic shares.
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