Insider Buying: Corteva (NASDAQ:CTVA) Insider Purchases 500 Shares of Stock

Corteva (NASDAQ:CTVA) insider Cornel B. Fuerer purchased 500 shares of the company’s stock in a transaction dated Monday, June 3rd. The stock was purchased at an average price of $24.84 per share, with a total value of $12,420.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of CTVA stock opened at $29.57 on Friday. Corteva has a one year low of $24.35 and a one year high of $32.00.

Several research firms have recently weighed in on CTVA. UBS Group began coverage on Corteva in a research report on Tuesday, June 4th. They issued a “buy” rating and a $38.00 price objective for the company. BMO Capital Markets assumed coverage on Corteva in a research note on Sunday, June 2nd. They set an “outperform” rating and a $37.00 price target for the company. Jefferies Financial Group assumed coverage on shares of Corteva in a report on Wednesday, May 29th. They issued a “buy” rating on the stock. Deutsche Bank began coverage on shares of Corteva in a report on Monday, June 3rd. They issued a “hold” rating on the stock. Finally, Nomura began coverage on shares of Corteva in a research report on Monday, June 10th. They set a “neutral” rating and a $28.00 price target for the company. Eight research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $31.27.

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