Shares of Mosaic Up on Legal Resolution

Financial Post reported that Mosaic Corp. (NYSE:MOS) shares increased after the company ended a legal battle over a wetlands permit.

As quoted in the market news:

Shares in the fertilizer company jumped nearly 4% on the New York Stock Exchange following the upgrade by Canaccord Genuity analyst Keith Carpenter. In addition to upgrading the stock from hold, Mr. Carpenter also hiked his price target to US$73 a share, from an earlier target of US$62.

Click here to read the full Financial Post report.