UPDATE: Stifel Nicolaus Downgrades Agrium on Revised Potash/Nitrogen Prices

In a report published Monday, Stifel Nicolaus analyst Paul Massoud downgraded Agrium (NYSE: AGU ) from Buy to Hold, and removed the $99.00 price target. In the report, Stifel Nicolaus noted, “We are lowering our rating on AGU shares from Buy to Hold. In addition to lower potash prices, we believe