UBS Maintains Buy on Corteva, Lowers Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Joshua Spector has maintained a Buy rating on Corteva (NYSE:CTVA) but has reduced the price target from $65 to $64.

January 11, 2024 | 3:52 pm
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NEUTRAL IMPACT
UBS has maintained a Buy rating on Corteva but lowered the price target from $65 to $64, indicating a slight adjustment in valuation.
The reduction in price target is minor, suggesting a small adjustment rather than a significant change in the company's outlook. The maintenance of a Buy rating indicates a continued positive view on the stock by UBS. This news is likely to have a neutral to slightly positive impact on Corteva's stock in the short term as the endorsement of the stock remains but with a slightly lower expected future price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100