Morgan Stanley Reiterates Overweight Rating and PT On Potash Corporation of Saskatchewan (POT)

Morgan Stanley reiterated its Overweight rating on Potash Corporation of Saskatchewan POT in a research report published today. Morgan Stanley also left its target price unchanged from $68, after Potash's Q1 results were in line with market expectations. In the report, Morgan Stanley states, "Our basic thesis remains that demand will surprise to the upside and that industry supply capability is less than the market realizes." Potash's shares gained 0.04% in today's trading. Potash currently stands at $55.45.