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Corteva price target raised to $74 from $69 at Citi

Citi raised the firm’s price target on Corteva (CTVA) to $74 from $69 and keeps a Buy rating on the shares. The firm reduced Q4 earnings estimates and increased 2025 numbers for the agricultural chemicals to reflect reflect larger currency headwinds into 2025 from a strengthening U.S. dollar, offset by marginally better organic sales on a recovery year for crop chemicals and seeds.

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