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Scotiabank Sticks to Its Buy Rating for Mosaic Co (MOS)

Tipranks - Tipranks - Fri Mar 13, 6:43AM CDT

Scotiabank analyst Ben Isaacson maintained a Buy rating on Mosaic Co today and set a price target of $35.00.

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According to TipRanks, Isaacson is a 4-star analyst with an average return of 7.0% and a 48.54% success rate. Isaacson covers the Basic Materials sector, focusing on stocks such as Methanex, Mosaic Co, and Cf Industries Holdings.

In addition to Scotiabank, Mosaic Co also received a Buy from BMO Capital’s Joel Jackson in a report issued on March 10. However, on March 3, Barclays downgraded Mosaic Co (NYSE: MOS) to a Hold.

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Based on Mosaic Co’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.6 billion and a net profit of $162.2 million. In comparison, last year the company earned a revenue of $2.82 billion and had a net profit of $169 million

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