UPDATE: Morgan Stanley Downgrades Mosaic Following Potash Industry Shift
July 31, 2013 at 08:46 AM EDT
In a report published Wednesday, Morgan Stanley analyst Vincent Andrews downgraded Mosaic (NYSE: MOS ) from Overweight to Equal-Weight, and removed the $70.00 price target. In the report, Morgan Stanley noted, “Our $70 per share Overweight thesis had been predicated on Mosaic's being able to repurchase 30% of shares outstanding and then
