There’s a lot to be optimistic about in the Materials sector as 2 analysts just weighed in on Corteva (CTVA – Research Report) and Nutrien (NTR – Research Report) with bullish sentiments.
Corteva (CTVA)
In a report released yesterday, David Begleiter from Deutsche Bank maintained a Buy rating on Corteva, with a price target of $68.00. The company’s shares closed last Tuesday at $50.81, close to its 52-week low of $48.59.
According to TipRanks.com, Begleiter is a 5-star analyst with an average return of
Corteva has an analyst consensus of Strong Buy, with a price target consensus of $68.85, which is a 38.2% upside from current levels. In a report issued on October 10, Mizuho Securities also maintained a Buy rating on the stock with a $71.00 price target.
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Nutrien (NTR)
In a report released yesterday, Andrew Wong CFA from RBC Capital maintained a Buy rating on Nutrien, with a price target of $85.00. The company’s shares closed last Tuesday at $62.49.
According to TipRanks.com, CFA is a 5-star analyst with an average return of
Nutrien has an analyst consensus of Moderate Buy, with a price target consensus of $77.43.
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Read More on CTVA:
- Corteva price target lowered to $71 from $72 at Mizuho
- Corteva (NYSE:CTVA) Slaps Inari With Intellectual Property Theft Lawsuit
- Corteva files suit to protect proprietary seed technology
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