Mizuho Maintains Buy Rating for Mosaic: Here's What You Need To Know

Mizuho has decided to maintain its Buy rating of Mosaic MOS and lower its price target from $54.00 to $50.00.

Shares of Mosaic are trading up 0.43% over the last 24 hours, at $38.76 per share.

A move to $50.00 would account for a 29.02% increase from the current share price.

About Mosaic

Formed in 2004 by the combination of IMC Global and Cargill's fertilizer business, Mosaic is a leading producer of primary crop nutrients phosphate and potash. The company's assets include phosphate rock mines in Florida, Louisiana, Brazil and Peru and potash mines in Saskatchewan, New Mexico, and Brazil.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.