Shares of Potash (POT) Lower as Analysts Mixed
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While still down more than 1%, shares of Potash Corp. (NYSE: POT) have now rebounded after trading down as much as 5% earlier this morning. The stock most recently traded at $84.12.
We have several analyst calls out on Potash today, giving traders a mixed picture of where the stock is potentially headed.
- an analyst at TD Newcrest recommended investors pick up shares of the fertilizer stock on recent weakness. Despite the near-term bullishness, the firm maintained a Neutral rating and $100 price target.
- Sterne Agee downgraded the stock from Buy to Neutral.
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