Mosaic price target lowered to $31 from $34 at Scotiabank

Scotiabank lowered the firm’s price target on Mosaic (MOS) to $31 from $34 and keeps an Outperform rating on the shares. When looking at its investment thesis, in general the positives for the company are market driven while the negatives are more specific and arguably controllable, the analyst tells investors. The firm believes the company’s portfolio offers investors the best upside opportunity among its peers.