Mizuho Maintains Neutral on Mosaic, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Christopher Parkinson has maintained a Neutral rating on Mosaic (NYSE:MOS) while lowering the price target from $31 to $28.
October 09, 2024 | 5:22 pm
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NEGATIVE IMPACT
Mizuho has maintained a Neutral rating on Mosaic but reduced the price target from $31 to $28, indicating a less optimistic outlook.
The reduction in the price target from $31 to $28 by Mizuho suggests a less optimistic view on Mosaic's future performance, which could lead to a short-term negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target reflects potential challenges or lower expected returns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100