Agriculture

Fertilizer Makers Gain as Citi Upgrades Producers

Agriculture Investing

CNBC News reported that Citigroup’s higher recommendations of potash companies like Mosaic (NYSE:MOS) and Potash Corp. (NYSE:POT) caused an increase in fertilizer shares.

CNBC News reported that Citigroup’s higher recommendations of potash companies like Mosaic (NYSE:MOS) and Potash Corp. (NYSE:POT) caused an increase in fertilizer shares.

The market news is quoted as saying:

Citi also raised the target share prices for Mosaic and Potash Corp. to $85 and $67, respectively. Mosaic shares have traded between $64.75 and $70.75 in the past 52 weeks, while Potash has traded between $27.95 and $63.96.

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