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Corteva (CTVA): New Buy Recommendation for This Basic Materials Giant

Tipranks - Fri Feb 6, 9:38AM CST

Bank of America Securities analyst Steve Byrne maintained a Buy rating on Corteva today and set a price target of $87.00.

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According to TipRanks, Byrne is ranked #8877 out of 11984 analysts.

In addition to Bank of America Securities, Corteva also received a Buy from Goldman Sachs’s Duffy Fischer in a report issued today. However, on the same day, Citi maintained a Hold rating on Corteva (NYSE: CTVA).

Based on Corteva’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $3.91 billion and a GAAP net loss of $552 million. In comparison, last year the company earned a revenue of $3.98 billion and had a GAAP net loss of $41 million

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