RBC Capital Starts Intrepid Potash (IPI) at Outperform
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RBC Capital initiates coverage on Intrepid Potash, Inc. (NYSE: IPI) with an Outperform rating and $36 price target. The firm cited an attractive valuation, and leverage to conservative potash price forecast of $500/ton in 2010 and beyond, among other things.
Intrepid Potash, Inc., together with its subsidiaries, engages in the production and marketing of muriate of potash or potassium chloride and langbeinite.
Intrepid Potash, Inc., together with its subsidiaries, engages in the production and marketing of muriate of potash or potassium chloride and langbeinite.
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