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Fly News Breaks for September 4, 2018
MOS
Sep 4, 2018 | 06:46 EDT
Barclays analyst Duffy Fischer started Mosaic with an Equal Weight rating and $34 price target. The recent rally in fertilizer stocks assumes constructive market conditions will extend beyond the second half of 2018, which is less than certain, Fischer tells investors in a research note. The analyst worries that delayed new capacity is still coming and will stall the price recovery.
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