Thursday, March 31, 2011

Goldman Sachs Continues To See "Robust Near-Term Earnings Momentum" For Mosaic; Morgan Stanley Maintains 'Overweight' (MOS)

The stock is up 77 cents at $81.22.
Two from Benzinga:
Goldman Sachs continues to see robust near-term earnings momentum for Mosaic Co. (NYSE: MOS) “as demand remains strong and pricing continues an upward trajectory.”

“Near-term we expect the Cargill distribution could be an overhang, but see better relative performance materializing once the follow on is behind us,” Goldman Sachs writes....MORE
According to Morgan Stanley, Mosaic Company (NYSE: MOS) is maintaining its Overweight rating following F3Q11 results that came in ahead of both our and the consensus expectations, in our case largely because of lower phosphate COGS.
Morgan Stanley reported that in general, the quarter was marked by volume at the low end of company guidance, but price at the high end....MORE