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Fly News Breaks for October 24, 2016
MOS
Oct 24, 2016 | 10:37 EDT
Vertical Research analyst Sandy Klugman said nitrogen and potash prices have shown signs of bottoming in recent weeks, but phosphate prices continue to soften and likely to remain under pressure given weak global demand and more than ample supplies. Against this backdrop, the analyst maintains a Sell rating on Mosaic and revised its price target to $20.
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