Piper Sandler Downgrades Mosaic to Underweight, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Charles Neivert downgraded Mosaic (NYSE:MOS) from Neutral to Underweight and reduced the price target from $42 to $32.
February 29, 2024 | 1:26 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mosaic was downgraded by Piper Sandler from Neutral to Underweight with a price target reduction from $42 to $32.
The downgrade by a prominent analyst and the significant reduction in price target are likely to negatively impact investor sentiment and the stock price of Mosaic in the short term. Analyst ratings and price targets are closely watched by investors as indicators of a stock's future performance.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100