Thursday, September 23, 2010

Monsanto (NYSE:MON), CF Industries (NYSE:CF), Mosaic (NYSE:MOS), Agrium (NYSE:AGU) all Revised by Atlantic Equities

Atlantic Equities didn't show a lot of love towards the agriculture sector, as the downgraded a couple of giants, while maintaining their current rating on the rest, including Monsanto (NYSE:MON), CF Industries (NYSE:CF), Mosaic (NYSE:MOS) and Agrium (NYSE:AGU).

Analyst Colin Isaac downgraded Monsanto from "Overweight" to "Neutral," while lowering the price target on the giant seed company from $75 to $65.

For Mosaic, they were downgraded from "Neutral" to "Underweight," with the price target also cut - from $53 to $51.

Agrium was maintained at "Overweight," with their price target being increased from $75 to $85, and CF Industries was also maintained, them at "Neutral," with the price target raised in a big way from $70 to $95.

The price target on Potash (NYSE:POT) was maintained at $95, as well as the "Neutral" rating on the company.

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