Goldman Sachs Maintains Neutral Rating for Corteva: Here's What You Need To Know

Goldman Sachs has decided to maintain its Neutral rating of Corteva CTVA and lower its price target from $65.00 to $56.00.

Shares of Corteva are trading down 1.09% over the last 24 hours, at $48.24 per share.

A move to $56.00 would account for a 16.09% increase from the current share price.

About Corteva

Corteva is an agriculture pure play that was formed in 2019 when it was spun off from DowDuPont. The company is a leader in the development of new seed and crop chemicals products. Seeds and crop protection chemicals each make up around half of profits. Although Corteva operates globally, around half of revenue comes from North America.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.