RBC Capital Maintains Sector Perform on Mosaic, Lowers Price Target to $32
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Andrew Wong maintains a Sector Perform rating on Mosaic (NYSE:MOS) and lowers the price target from $35 to $32.
May 06, 2024 | 4:51 pm
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RBC Capital has maintained its Sector Perform rating on Mosaic but reduced the price target from $35 to $32.
The reduction in price target by RBC Capital suggests a more cautious outlook on Mosaic's stock, potentially due to market conditions or company-specific factors not detailed in the news. This adjustment is likely to influence investor sentiment negatively in the short term, leading to a possible decrease in stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100