Barclays analyst Benjamin Theurer raised the firm’s price target on Corteva (CTVA) to $75 from $70 and keeps an Equal Weight rating on the shares as part of a Q2 earnings preview for the Americas agribusiness group. The firm adjusted price targets on better fertilizer pricing and strong North America sees volumes. Demand has remained strong despite high fertilizer prices, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CTVA:
- Corteva price target raised to $82 from $79 at Wells Fargo
- Food, agriculture leaders warn of MAHA’s overreach, WSJ reports
- Corteva, Micropep partner on sustainable biocontrol solutions
- Corteva price target raised to $92 from $80 at Jefferies
- Corteva Positioned for Growth: Buy Rating Backed by Market Resilience and Strategic Advantages
