KeyBanc initiates Mosaic stock coverage with Sector Weight rating By Investing.com
Investing.com Canada
KeyBanc has initiated coverage on Mosaic Co. (NYSE:MOS) with a Sector Weight rating and a price target of $26.00. The firm projects Mosaic's earnings to be near their trough and anticipates modest increases over the next year, with substantial growth expected in two to three years, particularly in phosphates. However, KeyBanc notes significant near-term risks due to overly optimistic investor expectations for an earnings recovery, forecasting soft earnings through the first half of 2027.
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