Mosaic (MOS) NewsBite - Credit Suisse Starts MOS at Neutral
Posted: Thursday, October 22, 2009 2:18 PM EDT
By: Market Intelligence Center Staff
Mosaic (NYSE: MOS) opened at $52.91. So far today, the stock has hit a low of $52.01 and a high of $54.10. MOS is now trading at $53.85, up $0.55 (1.03%). Over the last 52 weeks the stock has ranged from a low of $21.94 to a high of $59.34. Credit Suisse initiated coverage on MOS today, starting the stock at Neutral. Technical indicators for the stock are bearish and S&P does not currently have a STARS rating for MOS. If you are looking for a hedged play on MOS the stock seems like it could be a candidate for a December out-of-the-money bull-put credit spread below the 45 range. [ABR-Seven Summits Strategic Investments NewsBite]
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