Brazil Potash shares surge 10.33% intraday after Kingswood initiates Buy rating with $12 price target.

Brazil Potash surged 10.33% intraday following Kingswood Capital’s initiation of coverage with a Buy rating and a $12 price target, implying a 400% upside from its current $2.42 level. The firm highlighted the company’s potential to address Brazil’s 98% potash import dependency through its Autazes Potash Project, noting 91% of planned production is pre-sold under long-term agreements. The research firm emphasized a $2.5 billion project financing expected by Q1-Q2 2026 as a critical near-term catalyst, positioning the stock as a high-risk/high-reward opportunity amid favorable global potash fundamentals. The positive analyst action aligned with the stock’s intraday rally, underscoring investor optimism around the project’s execution and strategic market positioning.