BUZZ-Mosaic Co: Susquehanna raises rating on stock

Wed Nov 19, 2014 9:25am EST
 
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** Fertilizer maker's shares up 2.4 pct at $47.88

** Susquehanna upgrades stock to "positive" from "neutral", cites improved potash outlook

** Mosaic's potash operating leverage "underappreciated" by investors; Company placed better than Potash Corp to benefit from potash price improvement - analysts

** Stock gained less than Potash Corp's shares on Tuesday after Russia's Uralkali OAO announced suspension of work at Solikamsk-2 mine

** Uralkali, world's largest potash producer by output, launched emergency plan, evacuated staff on safety concerns

** Two of 24 analysts covering Mosaic have "strong buy" ratings, 5 have "buy", 17 "hold" or below

** Up to Tuesday's close, stock had fallen 9 percent in less than 5 months from year-high of $51.25 on June 23