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Corteva upgraded to Buy at Argus on improving fundamentals, stabilizing prices

Corteva upgraded to Buy at Argus on improving fundamentals, stabilizing prices

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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