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Potash Corp (POT) Upgraded by Gleacher & Co. to “Buy”
Mar. 01, 2011 04:00PM PST
Potash InvestingAmerican Banking and Market News noted Equities research analysts at Gleacher & Co. upgraded shares of Potash Corp (NYSE: POT) from a “neutral” rating to a “buy” rating in a research note to investors on Monday. The analysts currently have a $74.00 price target on the stock.
American Banking and Market News noted Equities research analysts at Gleacher & Co. upgraded shares of Potash Corp (NYSE: POT) from a “neutral” rating to a “buy” rating in a research note to investors on Monday. The analysts currently have a $74.00 price target on the stock.
The news item is quoted as saying:
Potash Corp last announced its quarterly results on Thursday, January 27th. The company reported $1.77 earnings per share (EPS) for the previous quarter, beating the Thomson Reuters consensus estimate of $1.65 EPS by $0.12. During the same quarter in the prior year, the company posted $0.80 earnings per share. The company’s quarterly revenue was up 64.9% on a year-over-year basis. On average, analysts predict that Potash Corp will post $0.28 EPS next quarter.
To read the full news item, click here.
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