Corteva price target lowered to $73 from $74 at UBS

UBS lowered the firm’s price target on Corteva (CTVA) to $73 from $74 and keeps a Buy rating on the shares. The firm expects Q4 earnings for North America Chemicals and Packaging to be challenging, but with the sector on average down 10% over the last month, this negativity may already be priced in, the analyst tells investors in a research note.