Following Cowen Upgrade, Potash Gets A Vetr Downgrade

On Wednesday, the Vetr crowd downgraded their rating for Potash Corporation of Saskatchewan (USA) (NYSE: POT) from 4 stars (Buy), issued eight days ago to 2.5 stars (Sell). Crowd sentiment for the fertilizer company is split, with 50 percent of Vetr user ratings bullish.

Vetr's downgrade comes on the heels of an upgrade for Potash from Cowen, who boosted the stock from Underperform to Market Perform on Tuesday. The upgrade caused price in Potash to rise over 40 percent to a high of $20.23. The stock dropped the following day and ended trading Wednesday at $19.86.

See how crowdsourced ratings could help you time the market.

Currently, the Vetr crowd's average target price for Potash is down at $18.98, which is above the average analyst target price of $16.73. Less than 2 percent of Vetr users are holding POT in their watch lists.

Latest Ratings for POT

Jan 2017	Cowen & Co.	Upgrades	Underperform	Market Perform
Oct 2016	Atlantic Equities	Upgrades	Underweight	Neutral
Sep 2016	Susquehanna	Upgrades	Neutral	Positive

View More Analyst Ratings for POT
View the Latest Analyst Ratings

See more from Benzinga

• The Sectors Hedge Funds Are Most Bullish And Bearish On To Start 2017

• Vetr Issues A Downgrade On Chinese Social Network Platform Momo

• Vetr Crowd Upgrades Aetna To Strong Buy Following M&A Roadblock

© 2017 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.