UPDATE: Roth Capital Starts Corteva Inc. (CTVA) at Buy

Roth Capital analyst Brian White initiates coverage on Corteva Inc. (NYSE: CTVA) with a Buy rating and a price target of $53.00.

The analyst comments "We initiate coverage on CTVA with a Buy rating and a $53 price target. Corteva is a pure-play agriculture company created by the combination of Dupont Crop Protection, Dupont Pioneer, and Dow AgroSciences. The company’s seed, crop protection, and digital solutions are an integral part of the agricultural economy and in the global food supply. We believe operating margin improvement and a more efficient capital structure should lead to highteens annual percentage growth in EPS for the foreseeable future."

For an analyst ratings summary and ratings history on Corteva Inc. click here. For more ratings news on Corteva Inc. click here.

Shares of Corteva Inc. closed at $42.49 yesterday.

You May Also Be Interested In

• Freedom Broker Upgrades Alico Inc. (ALCO) to Buy
• On Holding AG (ONON)PT Lowered to $42 at Goldman Sachs
• Gencor Industries (GENC) PT Raised to $19 at Freedom Broker