TD Cuts Price Target on Potash (POT) to $95; Maintains Neutral

July 22, 2009 8:36 AM EDT

TD Newcrest lowers its price target on shares of Potash Corp. (NYSE: POT) from $100 to $95. The firm maintains a Neutral rating.

Potash shares are trading down about 1% to $90 in the pre-open trading session. Based on today's price level, TD's lowered price target represents potential upside of just 5%.

Potash will report its Q2 results tomorrow, July 23. The Street is currently looking for EPS of $0.69 on sales of $981.29 million.

To see all the market-moving analyst calls before the fertilizer company's quarterly results, visit our Analyst Ratings page.

Potash Corporation of Saskatchewan Inc. engages in the production and sale of fertilizers, and related industrial and feed products in North America.


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