Corteva price target raised to $83 from $80 at Citi

Citi raised the firm’s price target on Corteva (CTVA) to $83 from $80 and keeps a Neutral rating on the shares. Fertilizer and energy prices have moved higher amid the Middle East conflict, but the near-term impact on the agriculture cycle is “relatively manageable,” the analyst tells investors in a research note. Citi believes planting decisions are likely to only be impacted “around the margin.”