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Corteva price target raised to $85 from $77 at Wells Fargo

Wells Fargo raised the firm’s price target on Corteva (CTVA) to $85 from $77 and keeps an Overweight rating on the shares. The firm is encouraged by the resolution to its litigation with Bayer, and another year of positive strong EBITDA growth. In addition, the spin appears to remain on schedule, Wells adds.

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