Corteva price target raised to $91 from $80 at Argus

Argus analyst Alexandra Yates raised the firm’s price target on Corteva (CTVA) to $91 from $80 and keeps a Buy rating on the shares. The firm is positive on Corteva as a well-run company with a strong track record in its industry, the analyst tells investors in a research note. Argus adds it believes that Corteva will continue to build on demand momentum, while its cost-reduction strategies and pricing gains will benefit margins.