Wells Fargo Hikes Corteva (CTVA) Price Target Affirms 'Overweight' Rating

Corteva, Inc. (NYSE:CTVA) is one of the 10 best organic food and farming stocks to buy now. On June 23, analysts at Wells Fargo reiterated an ‘Overweight’ rating on the stock and raised their price target to $82 from $79.

The price target hike underscores Wells Fargo’s confidence that Corteva is well-positioned to capitalize on positive trends in the agricultural sector. The bullish stance also stems from the company’s strong performance in the first half of the year, which affirmed underlying growth.

Wells Fargo affirms investors should take into consideration Corteva‘s strategic position in the industry. That’s due to tailwinds in the industry that continue to present growth opportunities.

Corteva, Inc. (NYSE:CTVA) is one of the leading companies specializing in organic food, seeds, crop protection products, and digital solutions for farmers. It provides a range of tools to improve crop yields and protect against pests and diseases.

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Disclosure: None. This article is originally published at Insider Monkey.