07 December 2009 15:58 [Source: ICIS news]
HOUSTON (ICIS news)--Two Canadian fertilizer makers were expected to benefit in the near term from a rebound in the fertilizer industry, analysts said on Monday.
Investors were likely underestimating the 2010
In early trading at the New York Stock Exchange (NYSE), PotashCorp moved at $120.92/share, up $3.86 -or 3.3% - from its Friday close.
UBS also raised its rating on Agrium to buy from neutral and raised its price target to $72 from $50. Agrium traded early Monday at $59.68/share, up $2.12 - or 3.7% - from its Friday close.
($1 = €0.67)
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