On May 12, 2025, Corteva (CTVA, Financial) saw a notable update from Wells Fargo analyst Richard Garchitorena. The analyst has maintained an "Overweight" rating for Corteva, reflecting continued confidence in the company's performance and potential in the market.
In addition to reaffirming the "Overweight" rating, Richard Garchitorena has raised the stock's price target from $73.00 to $79.00 USD. This adjustment signifies an 8.22% increase in the price target, emphasizing a positive outlook for Corteva (CTVA, Financial) in the financial markets.
The adjustment in price target underscores the analyst's positive sentiment towards Corteva (CTVA, Financial), as the company continues to demonstrate robust performance in its sector. Investors may find this updated target valuable when considering their investment strategies related to Corteva.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Corteva Inc (CTVA, Financial) is $71.76 with a high estimate of $80.00 and a low estimate of $59.00. The average target implies an upside of 5.89% from the current price of $67.77. More detailed estimate data can be found on the Corteva Inc (CTVA) Forecast page.
Based on the consensus recommendation from 25 brokerage firms, Corteva Inc's (CTVA, Financial) average brokerage recommendation is currently 2.0, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Corteva Inc (CTVA, Financial) in one year is $61.13, suggesting a downside of 9.8% from the current price of $67.77. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Corteva Inc (CTVA) Summary page.
