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Fly News Breaks for February 5, 2020
CTVA
Feb 5, 2020 | 09:09 EDT
Susquehanna analyst Donald Carson downgraded Corteva to Neutral from Positive. The analyst said he expects a rebound in U.S. plated acreage but sees it offset by headwinds relating to the accelerated ramp-up of Enlist, ERP implementation costs, and additional R&D and SG&A costs. Carson lowered his price target to $34 from $36 on Corteva shares.
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