Thursday morning, we'll get to see earnings out of Potash Corp. of Saskatchewan, Inc. (NYSE: POT). The estimates for the potash producer from First Call are $1.52 EPS on $1.67 billion in revenues. Next quarter estimates are $2.27 EPS on $2.34 billion in revenues. Estimates for fiscal Dec-2008 are $8.62 EPS on $8.29 billion in revenues.
Analysts have an average price target north of $200.00, and the 52-week trading range is $58.87 to $214.84. Shares closed down $10.71 today at $204.12. With all the upgrades seen in late 2007 to early 2008, it's either time for analysts to increase targets or make their "valuation" comments now that shares are above many price targets even though the ratings are still very positive....MORE
