MOS MosaicAnalyst actions

Freedom Broker Downgrades Mosaic to Sell, Raises Target to $18

The firm's new $18.00 price target compares with $17.00 before the change, and Mosaic's coverage is now mostly neutral.

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Key points

  • Freedom Broker downgraded Mosaic to sell from hold and raised its target to $18.00 from $17.00
  • Mosaic closed at $22.80 on Wednesday, down 0.8%; the S&P 500 ETF rose 1.3%
  • Before the change, 15 firms covered the stock: four positive, 10 neutral, one negative
  • Median target before the change was $22.50, range $17.00 to $33.00

Freedom Broker downgraded Mosaic Co (NYSE: MOS) to sell from hold on Wednesday and raised its price target to $18.00 from $17.00. The action came during the session.

Before the change, 15 firms had rated Mosaic in the past year: four positive, 10 neutral and one negative. Freedom Broker's move shifts its own rating from neutral to negative, and the median target across the 14 firms with a target was $22.50 before Wednesday, with a range from $17.00 to $33.00.

Stock move

Mosaic closed at $22.80 on Wednesday, down 0.8% from $22.99 at the close on Tuesday, Nov. 10. The S&P 500 ETF rose 1.3% in the same session. Over the 20 sessions through Tuesday's close, the stock had risen 19.9%.

Recent financials

For the latest reported quarter ended Sept. 30, Mosaic posted revenue of $3.10 billion, down 10% from a year earlier, and a net loss of $72.1 million, or a loss of $0.23 per diluted share. The company reported cash and equivalents of $272.6 million as of the same date. Its market capitalization before the filing was about $7.31 billion.

Mosaic filed a quarterly report on Form 10-Q on Wednesday, Nov. 4, seven days before the downgrade (SEC filing).

Sources

Written with AI from analyst rating changes, SEC filings and market data, and checked against those sources before publishing. Our editorial standards.

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Filings, figures and price history are on the Mosaic page.