** Shares of fertilizer producer Mosaic Co MOS.N down 2.7% at $25.5
** Brokerage BMO Capital Markets cuts price target to $35 from $43
** The new PT represents a 33.5% upside to the stock's last close
** Brokerage cuts PT as it lowers 2026 earnings estimates on reduced phosphate margins
** However, BMO sees "more upside than not" as phosphate prices are closer to stabilization now following a rapid H2 decline to more affordable prices
** 10 of 20 brokerages rate the stock "buy" or higher, 10 "hold"; their median PT is $35 - data compiled by LSEG
** Up to last close, stock up 6.6% YTD
(Reporting by Pranav Mathur in Bengaluru)
((Pranav.Mathur@thomsonreuters.com;))
Comments