$MOS

Argus lowered its price target for Mosaic Company (MOS) to $20.00. Mosaic is a major global producer of phosphate and potash, with mines in several countries. The company's assets include phosphate rock mines in Florida, Brazil, and Peru, and potash mines in Saskatchewan, New Mexico, and Brazil.

Stock futures dip as European debt concerns weigh on markets. Nvidia rises 0.6% on AI infrastructure spending, while Intel falls 4% amid TSMC-Terafab collaboration talks. Several companies see significant premarket moves: ALVO +8%, CBRS +4.5%, DKNG +4.6%, EL +2.8%, HOG +5.7%, PCVX +56%, PTC +36%, RXO +20%, TSM +1.6%, TXRH +2.2%, WFC +2.2%. US economic data and Fed speakers are on the calendar.

Wall Street analysts issued updates on several companies. Estee Lauder (EL) was upgraded to Outperform with a $108 target, Harley-Davidson (HOG) to Buy with a $33 target, Microsoft (MSFT) to Buy with a $665 target, and Wells Fargo (WFC) to Overweight with a $102 target. Align Technology (ALGN) was downgraded to In Line with a $155 target, and HubSpot (HUBS) to Market Perform. Bitcoin (BTC) saw volatility, trading around $86,120 after a Citigroup $113,000 target.

RBC's Andrew Wong sees strong crop prices supporting North American fertilizer companies. He upgraded Nutrien (NTR) to 'outperform' with a $85 target, citing strong execution and supportive market conditions. He downgraded Mosaic (MOS) to 'sector perform' with a $25 target due to phosphate market challenges. Scotia's Jonathan Goldman upgraded Russel Metals (RUS) to 'sector outperform' with a $113 target, citing business transformation and strong demand.

RBC Capital downgraded Mosaic (MOS) to Sector Perform, lowering its price target to $25.00. The firm expects delays in phosphate recovery until mid-2027, citing sulphur market normalization and re-start risks. Mosaic's stock has declined 37% over the past year, with negative levered free cash flow of $947 million and gross profit margins of 11%. The company missed Q2 2026 earnings and revenue estimates, but highlighted strong liquidity and lower costs.

Mosaic (MOS) stock fell 0.2% to $22.38, impacted by Q2 losses of $273M due to higher raw material costs and production issues. Analysts remain cautious, and short interest has risen. A leadership transition adds uncertainty. The S&P 500 and Nasdaq rose, but MOS's decline is company-specific.

MOSAIC CO (MOS) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 The Mosaic Company 101 E. Kennedy Blvd., Suite 2500 Tampa, FL 33602 www.mosaicco.com September 15, 2026 Walt Precourt CONFIDENTIAL Dear Walt, I am pleased to offer you the role of Executive Vice President, Operations with Mosaic, effective December 1, 2026. Base Comp

U.S. President Trump's threat to buy potash from Belarus instead of Canada caused shares of Saskatchewan potash producers like Mosaic, Intrepid Potash, and BHP to drop. Saskatchewan Premier Scott Moe criticized the move, citing sanctions against Belarus and logistical challenges. Business commentator Paul Martin suggested the threat is likely a bluff due to shipping costs and Belarus's limited capacity. Manitoba is seen as better insulated from trade war impacts due to its diverse exports.

Meta shares rose 12% to $747.91 after strong AI assistant traction and a higher price target from Wells Fargo. New Era Energy secured a 20-year power deal for its Texas data center. Crypto-linked stocks gained as bitcoin surpassed $86,000. Fertilizer producers fell on news of a potential US-Belarus potash deal. Novo Nordisk shares dropped 7% amid competition concerns in the weight-loss drug market. Warner Bros Discovery and Paramount shares rose amid settlement talks.

President Trump announced a potential deal to buy potash from Belarus at lower prices than Canada. Canada is the world's largest potash exporter, with over 39% of global exports. Fertilizer stocks like Mosaic, Intrepid Potash, and Nutrien fell up to 5% on the news, as cheaper Belarusian potash could impact North American market margins.