Wells Fargo Maintains Equal-Weight on Mosaic, Lowers Price Target to $34
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Richard Garchitorena has maintained an Equal-Weight rating on Mosaic (NYSE:MOS) but has reduced the price target from $36 to $34.
January 24, 2024 | 3:07 pm
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Wells Fargo analyst maintains an Equal-Weight rating on Mosaic but lowers the price target from $36 to $34, indicating a potential downside or limited upside.
The reduction in price target by Wells Fargo suggests that the analyst sees less potential for price appreciation in Mosaic's stock. This could lead to a negative sentiment among investors in the short term, potentially causing a decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100