UPDATE: Bank of America Downgrades Sociedad Quimica y Minera to Neutral on Deteriorating Momentum

Bank of America downgraded Sociedad Quimica y Minera (NYSE: SQM ) from Buy to Neutral and lowered the price objective from $69.00 to $62.00. Bank of America noted, "Our downgrade is based on: 1) a more muted view on potash pricing going forward, as producers look to recover volumes, not