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Fly News Breaks for September 14, 2016
AGU, POT
Sep 14, 2016 | 07:20 EDT
As noted earlier, Stifel upgraded Potash (POT) to Buy from Hold. Analyst Paul Forward upgraded the shares after the company announced that it was merging with Agrium (AGU). The merger will benefit Potash shareholders by "providing (them) shelter from a difficult nutrient price environment and access to growth in the form of Agrium's retail exposure," the analyst stated. He set a $20 price target on Potash.
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