HSBC Upgrades Mosaic to Hold, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Santhosh Seshadri has upgraded Mosaic (NYSE:MOS) from Reduce to Hold and lowered the price target from $43 to $41.
July 26, 2023 | 4:14 pm
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Mosaic's rating has been upgraded from Reduce to Hold by HSBC, although the price target has been lowered from $43 to $41.
The upgrade from Reduce to Hold indicates a more positive outlook for Mosaic by HSBC. However, the lowering of the price target from $43 to $41 suggests a slight decrease in expected value. This could lead to neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100