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Potash Corp.’s head office in Saskatoon. The U.S. Securities and Exchange Commission has charged a former Banco Santander SA executive and a former Spanish judge with insider trading over a proposed takeover of Potash Corp of Saskatchewan Inc. on which the Spanish bank had given investment banking advice.
Potash Corp.’s head office in Saskatoon. The U.S. Securities and Exchange Commission has charged a former Banco Santander SA executive and a former Spanish judge with insider trading over a proposed takeover of Potash Corp of Saskatchewan Inc. on which the Spanish bank had given investment banking advice.
(DAVID STOBBE/REUTERS)

Analyst downgrades Potash Corp. to sell, calls stock rebound 'unwarranted'

Inside the Market’s roundup of some of today’s key analyst actions. This post will be updated with more analyst commentary during the trading day.

Cantor Fitzgerald analyst Peter Prattas has downgraded Potash Corp. of Saskatchewan to "sell" from "hold," calling the recent share price rebound "unwarranted."