Thursday, June 19, 2008

Early Morning Tidbits

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.


franklymydear said...

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?

BUY ON THE DIP said...

AGU is love. Buy it.