Paradigm Capital Downgrades PotashCorp to 'Sell'

Potash Investing

Benzinga reported that Paradigm Capital has downgraded shares of Potash Corporation of Saskatchewan (TSX:POT) from ‘hold’ to ‘sell.’

Benzinga reported that Paradigm Capital has downgraded shares of Potash Corporation of Saskatchewan (TSX:POT) from ‘hold’ to ‘sell.’
As quoted in the publication:

Churchill, who has a price target of $13.50 on Potash Corporation, noted that potash prices remain depressed in an oversupplied market, and he does not foresee a material rebound even following completed contract negotiations and volume upticks.

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