This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.

Analysts Offer Insights on Materials Companies: McEwen Mining (MUX) and Corteva (CTVA)

Tipranks - Fri May 8, 5:32AM CDT

There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on McEwen Mining (MUX) and Corteva (CTVA) with bullish sentiments.

Claim 55% Off TipRanks

McEwen Mining (MUX)

H.C. Wainwright analyst Heiko Ihle reiterated a Buy rating on McEwen Mining today and set a price target of $29.50. The company’s shares closed last Wednesday at $22.82.

According to TipRanks.com, Ihle is a top 25 analyst with an average return of 56.8% and a 69.5% success rate. Ihle covers the Basic Materials sector, focusing on stocks such as Tanzanian Royalty Exploration, 5E Advanced Materials, Inc., and TMC the metals company Inc. ;'>

McEwen Mining has an analyst consensus of Strong Buy, with a price target consensus of $31.38, which is a 40.1% upside from current levels. In a report issued on April 22, TipRanks – Google also upgraded the stock to Buy with a $28.00 price target.

See the top stocks recommended by analysts >>

Corteva (CTVA)

Bank of America Securities analyst Matthew DeYoe reiterated a Buy rating on Corteva today and set a price target of $90.00. The company’s shares closed last Wednesday at $81.77.

According to TipRanks.com, DeYoe is a 4-star analyst with an average return of 8.4% and a 56.8% success rate. DeYoe 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 $88.50, implying a 7.6% upside from current levels. In a report issued on May 4, TipRanks – PerPlexity also upgraded the stock to Buy with a $91.00 price target.

Read More on MUX:

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.