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Fly News Breaks for May 23, 2016
MOS
May 23, 2016 | 08:53 EDT
HSBC analyst Yonah Weisz downgraded Mosaic to Reduce and lowered its price target to $22 from $27.50. The analyst said shares trade at a premium valuation and said the challenging fertilizer markets of Q1 may now extend through the rest of the year.
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