By: Benzinga
January 14, 2013 at 14:12 PM EST
UPDATE: JP Morgan Raises PT to $64 on Mosaic on Outlook for Share Repurchase
JP Morgan reiterated its Overweight rating on Mosaic (NYSE: MOS ) and raised the price target from $56.00 to $64.00. JP Morgan noted, "Global potash prices are ready to move lower with Chinese contracts signed $70/t below the prior-year price.
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