Mosaic (MOS) Stock: $60 Target And Outperform Rating

By Amit Chowdhry ● Jul 26, 2022
  • The shares of Mosaic (MOS) recently received a $60 price target from Credit Suisse. These are the details.

The shares of Mosaic (MOS) recently received a $60 price target from Credit Suisse. And Credit Suisse analyst John Roberts initiated coverage of Mosaic with an “Outperform” rating.

Roberts adjusted the rating while noting that unlike Nutrien and CF, Mosaic is not exposed to the hydrocarbon-based nitrogen market and roughly about 40% of 2022 EBITDA is from phosphate, in which supply growth is decelerating. Plus Mosaic has more than 50% of sales into Brazil, which is the fastest growing large fertilizer market.

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