Corteva price target raised to $70 from $68 at KeyBanc

KeyBanc raised the firm’s price target on Corteva (CTVA) to $70 from $68 and keeps an Overweight rating on the shares. The firm notes the tone from the company is far more upbeat compared to three months ago and to peers who have reported this earnings season. Overall, KeyBanc thinks the outlook for seeds improved over the last three months, while there is also a bit more clarity on the trajectory of crop protection.