Why Mosaic Stock Flopped on Friday
A post-earnings analyst recommendation downgrade didn't do any favors for (NYSE: MOS) at the end of the trading week. The crop nutrients producer's share price was dinged by more than 4% that day as a result.
That morning, Kristen Owen of Oppenheimer moved her Mosaic recommendation down one peg. It's now set at perform (hold, in other words), where previously Owen had flagged it as an outperform (buy). She also removed her $35-per-share price target on the agricultural products stock.
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Source Fool.com
The Mosaic Co. Aktie
23,65 €
-0,13 %
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