UPDATE: Potash Shares Leading Sector Higher with Raymond James Upgrade
January 27, 2014 at 13:40 PM EST
In a report published Monday, Raymond James analyst Steve Hansen upgraded Potash Corp. of Saskatchewan (NYSE: POT ) from Market Perform to Outperform and raised the price target from $30.00 to $37.00. Hansen noted that the "dark clouds" overhanging potash are starting to lift but the industry outlook remains "opaque".