JPMorgan analyst Jeffrey Zekauskas upgraded Mosaic (MOS) to Overweight from Neutral with a price target of $29, up from $26. Price dynamics in Mosaic’s key fertilizer categories are looking positive entering 2025, the analyst tells investors in a research note. The firm says potash prices have moved higher in Brazil while prices in Asia, excluding China, are following a similar pattern. JPMorgan now thinks there is an opportunity in Mosaic shares.
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