Goldman Sachs Maintains Neutral Rating for Corteva: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Goldman Sachs has maintained its Neutral rating for Corteva (NYSE:CTVA) but lowered its price target from $65.00 to $56.00. Corteva's shares are currently trading down 1.09% at $48.24 per share. A move to the new price target would represent a 16.09% increase from the current share price.
October 24, 2023 | 5:00 pm
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Goldman Sachs has maintained its Neutral rating for Corteva but lowered its price target. This could potentially impact the stock's performance in the short term.
The lowering of the price target by Goldman Sachs, a major financial institution, could potentially lead to a decrease in investor confidence in Corteva, thereby negatively impacting its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100