Keybanc Maintains Overweight on Corteva, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Aleksey Yefremov has maintained an Overweight rating on Corteva (NYSE:CTVA) but lowered the price target from $66 to $62.
November 10, 2023 | 12:17 pm
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Corteva's price target has been lowered from $66 to $62 by Keybanc, though the Overweight rating is maintained.
The news is directly about Corteva and is likely to influence investor sentiment. While the Overweight rating indicates that Keybanc still sees the stock as a good investment, the lowering of the price target may cause some investors to reassess their positions, potentially leading to short-term price volatility.
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IMPORTANCE 70
RELEVANCE 100