RBC Capital is upping Potash (NYSE:POT) tgt to $340 from $300.
Firm also ups Agrium's (NYSE:AGU) tgt to $140.
Update: Looks like CSFB takes AGU to Neutral from Outperform.
Notablecalls: Looks like the market is due for a breather. Pinch of salt included as always.
2 comments:
I remain curious as to what these firms mean with a "target" price. Is it what they think the stock should, could or will trade at? Is it what they think is fair value? Is it their sell point? Is there an understood timeframe? How should one interpret a target price?
AGU is love. Buy it.
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