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