What To Know About B of A Securities's Upgrade of Corteva

B of A Securities upgraded its rating of Corteva CTVA to Neutral with a price target of $68.00, changing its price target from $64.00 to $68.00.

Shares of Corteva are trading up 0.45% over the last 24 hours, at $62.02 per share.

A move to $68.00 would account for a 9.63% 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 generate a little over half of total company profits and crop protection chemicals make up the remainder. 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.