RBC Capital Maintains Outperform on Corteva, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan has maintained an Outperform rating on Corteva (NYSE:CTVA) but has reduced the price target from $61 to $56.
November 10, 2023 | 6:56 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
RBC Capital analyst Arun Viswanathan maintains an Outperform rating on Corteva but lowers the price target from $61 to $56.
The reduction in price target may cause some investors to adjust their valuation models, potentially leading to short-term price fluctuations. However, the maintenance of an Outperform rating suggests that the analyst still has a positive outlook on the company's performance, which could balance out the impact of the price target reduction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100