As previously reported before the open, Argus upgraded Corteva (CTVA) to Buy from Hold with a $69 price target Farmers are increasingly willing to invest in technology to improve yields, further benefiting Corteva volumes, and management expects gains to be supported by strong demand, partly offset by continued price pressures, says the analyst, who likes the company’s combination of improving fundamentals and stabilizing prices.
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Read More on CTVA:
- Corteva upgraded to Buy from Hold at Argus
- Corteva Positioned for Growth: Buy Rating Affirmed Amid Favorable Market Conditions and Strong Seed Portfolio
- Corteva initiated with a Buy at Goldman Sachs
- Corteva downgraded to Negative from Mixed view at BWG Global
- Corteva Board Member Rebecca Liebert Resigns