Mosaic raised at Morgan Stanley, which cites undervalued phosphate assets

   from:  http://seekingalpha.com/news/2283636-mosaic-raised-at-morgan-stanley-which-cites-undervalued-phosphate-assets         

Feb 9 2015, 12:59 ET | About: The Mosaic Company (MOS) | By: Carl Surran, SA News Editor

• Mosaic (MOS +0.9%) is upgraded to Overweight from Equal Weight with a $56 price target at Morgan Stanley, which believes the company's phosphate assets are undervalued on an absolute basis.
• The firm also cites MOS' relative valuation relative to key peer Potash Corp. (NYSE:POT) as "too severe," and a balance sheet with spare capacity on both an absolute and relative basis.
• A key risk to the bullish thesis would be another large U.S. corn crop, Stanley says.