More from Dividend.com
Referenced Stocks

Mosaic Upgraded to “Buy” at Ticonderoga on a Valuation Call (MOS)

By Dividend.com,  August 10, 2011, 09:02:55 AM EDT

Fertilizer giant The Mosaic Company ( MOS ) on Wednesday saw its shares upgraded by analysts at Ticonderoga Securities.

The firm said it boosted its rating on MOS from "Neutral" to "Buy" with an $80 price target. That target suggests a 31% upside to the stock's Tuesday closing price of $60.93.

Ticonderoga noted the move was a valuation call, as the stock has underperformed versus its peers - and the wider market - since the beginning of 2011.

Mosaic shares fell 48 cents, or -0.8%, in premarket trading Wednesday.

The Bottom Line
Shares of Mosaic ( MOS ) have a .33% dividend yield, based on last night's closing stock price of $60.93. The stock has technical support in the $56-$60 price area. If the shares can firm up, we see overhead resistance around the $65 price level.

The Mosaic Company ( MOS ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: MOS



Latest News Video

Nasrallah Says Hezbollah Will Bring Victory in Syrian Conflict
Nasrallah Says Hezbollah Will Bring...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.24 0.03  0.23%
FB $ 24.32 0.74  2.95%
SIRI $ 3.58 0.04  0.99%
GE $ 23.53 0.13  0.55%
PFE $ 29.04 0.07  0.24%
MSFT $ 34.27 0.12  0.35%
INTC $ 23.93 0.12  0.50%
P $ 16.43 0.73  4.25%