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Merrill Lynch Boosts Price Target On Fertilizer Stocks: POT, AGU, MOS, TRA, CF

June 20, 2008 7:35 AM EDT
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Price: $20.65 --0%

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    16 Buy, 11 Hold, 6 Sell

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    Up: 17 | Down: 14 | New: 17
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Merrill Lynch boosted its price target on a number of fertilizer companies today, saying prices for nutrients will continue to rise.

Merrill Lynch raised its price target on Potash Corp. of Saskatchewan, Inc. (NYSE: POT) from $263 to $304. (Buy)
Merrill Lynch raised its price target on Agrium Inc. (NYSE: AGU) from $115 to $155. (Buy)
Merrill Lynch raised its price target on Mosaic Co. (NYSE: MOS) from $180 to $215 (Buy)
Merrill Lynch raised its price target on Terra Industries Inc. (NYSE: TRA) from $61 to $64 (Buy)
Merrill Lynch raised its price target on CF Industries Holdings, Inc. (NYSE: CF) from $190 to $240 (Buy)

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