Barclays Downgrades Mosaic to Underweight, Announces $40 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barclays analyst Benjamin Theurer has downgraded Mosaic (NYSE:MOS) from Equal-Weight to Underweight and set a price target of $40.
August 14, 2023 | 8:56 am
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NEGATIVE IMPACT
Mosaic's stock has been downgraded to Underweight by Barclays with a price target of $40.
The downgrade from Barclays indicates a negative outlook for Mosaic's stock. The new price target of $40 may also suggest that the analyst believes the stock is currently overvalued. This could lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100