Downside: Mr. Bout cut his 12- to 18-month price target on Potash to $46 from $54 (U.S.) while reiterating a "sector performer" rating. For Mosaic, he cut his price target to $64 from $72 (U.S.) and reiterated a "sector outperformer" rating. Agrium saw its price target cut by $4 to $121 (U.S.), with a "sector outperformer" rating reaffirmed.