UPDATE: Roth Capital Upgrades Corteva Inc. (CTVA) to Buy

August 8, 2022 3:26 AM EDT
Get Alerts CTVA Hot Sheet
Price: $66.33 --0%

Rating Summary:
    17 Buy, 9 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 10 | Down: 15 | New: 14
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(Updated - August 8, 2022 4:27 AM EDT)

Roth Capital analyst Brian White upgraded Corteva Inc. (NYSE: CTVA) from Neutral to Buy with a price target of $74.00 (from $67.00).

The analyst comments "CTVA delivered exceptionally strong 2Q22 results beating on both top (3% higher than consensus) and bottom (14% adjusted EBITDA beat) line driven by strength in Crop Protection. Raised operating EPS guidance of ~$0.08 at the midpoint looks conservative given the $0.18 beat in 2Q12. Raising price target to $74 from $67."

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 $57.90 yesterday.

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