Monsanto Upgraded to Neutral
August 09, 2010 at 16:40 PM EDT
We upgrade our recommendation on Monsanto Company (MON) from Underperform to Neutral based on our optimism on the higher production of SmartStax corn seeds. SmartStax, which is planted on 3 million acres out of a total of 32 million acres, is expected to cover 15 million acres in fiscal 2011 and additional 9 million acres in [...]
