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Analysts Offer Insights on Materials Companies: Corteva (CTVA) and Alamos Gold (AGI)

Tipranks - Fri Feb 6, 6:58AM CST

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Corteva (CTVAResearch Report) and Alamos Gold (AGIResearch Report) with bullish sentiments.

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Corteva (CTVA)

In a report released today, Michael Sison from Wells Fargo maintained a Buy rating on Corteva, with a price target of $85.00. The company’s shares closed last Wednesday at $75.12.

According to TipRanks.com, Sison ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -2.0% and a 43.0% success rate. Sison covers the Basic Materials sector, focusing on stocks such as International Flavors & Fragrances, Air Products and Chemicals, and Sherwin-Williams Company. ;'>

Corteva has an analyst consensus of Moderate Buy, with a price target consensus of $81.62, implying an 11.7% upside from current levels. In a report issued on January 24, TipRanks – PerPlexity also upgraded the stock to Buy with a $79.00 price target.

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Alamos Gold (AGI)

Scotiabank analyst Ovais Habib maintained a Buy rating on Alamos Gold today and set a price target of $55.00. The company’s shares closed last Wednesday at $40.48.

According to TipRanks.com, Habib is a 5-star analyst with an average return of 16.8% and a 54.2% success rate. Habib covers the Basic Materials sector, focusing on stocks such as First Majestic Silver, Pan American Silver, and Collective Mining. ;'>

Currently, the analyst consensus on Alamos Gold is a Strong Buy with an average price target of $50.68, representing a 28.9% upside. In a report issued on January 22, TD Cowen also maintained a Buy rating on the stock with a C$66.00 price target.

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