Roth MKM Maintains Buy on Corteva, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Roth MKM analyst Brian Wright has maintained a Buy rating on Corteva (NYSE:CTVA) but has reduced the price target from $82 to $63.
November 22, 2023 | 3:13 pm
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NEGATIVE IMPACT
Corteva's Buy rating is maintained by Roth MKM, but the price target is lowered from $82 to $63, indicating a potential downside according to the analyst's view.
The reduction in price target by Roth MKM suggests that they see less upside potential for Corteva's stock price in the short term. This could lead to a negative investor sentiment and a potential decrease in the stock price as the market adjusts to the new analyst expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100