Mosaic (MOS) Upgraded to Outperform at Credit Suisse; Fourth Upgrade in Three Days

May 24, 2011 8:36 AM EDT Send to a Friend
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Price: $60.02 +1.23%

Rating Summary:
    14 Buy, 12 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Shares of Mosaic (NYSE: MOS) are continuing higher Tuesday as an analyst at Credit Suisse upgraded the stock form Neutral to Outperform earlier. The analyst boosted the firm's price target from $81 to $85.

The raised investment rating follows two upgrades on Mosaic shares Monday. JPMorgan upgraded the stock to Overweight while Stifel Nicolaus set a new Buy rating. Furthermore, an analyst at Susquehanna upgraded shares of Mosaic to Positive on May 20.

Mosaic shares closed Monday's session 2 percent higher, and are tacking on another 0.6 percent this morning.

With the stock last trading around $67.18 in pre-market action, Credit Suisse's new price target implies potential upside of about 26 percent.

For more ratings news on Mosaic click here and for the rating history of Mosaic click here.


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