Soleil Securities Downgrades Potash Corp. (POT) to Hold
POT Hot Sheet
Rating Summary:16 Buy, 5 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 23
Soleil Securities downgrades Potash Corp. (NYSE: POT) from Buy to Hold. Price target lowered from $110 to $100.
Soleil analyst says, "Reducing '09E to $8.63 from $10.49 and '10E to $10.32 from $13.06 on short-term fertilizer demand destruction and longer-term lower potash prices both tied to growers' concerns over a price-cost squeeze."
To see more analyst ratings on POT Click Here.
Potash Corporation of Saskatchewan Inc. is an integrated fertilizer and related industrial and feed products company.
Soleil analyst says, "Reducing '09E to $8.63 from $10.49 and '10E to $10.32 from $13.06 on short-term fertilizer demand destruction and longer-term lower potash prices both tied to growers' concerns over a price-cost squeeze."
To see more analyst ratings on POT Click Here.
Potash Corporation of Saskatchewan Inc. is an integrated fertilizer and related industrial and feed products company.
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