KeyBanc lifts Corteva to 'overweight'; shares rise

KeyBanc said Corteva’s strong cash position gives it flexibility to fund growth initiatives, share buybacks and potential acquisitions. Sixteen of 23 brokerages rate the stock “buy” or higher, while seven rate it “hold”; the median price target is $18. Corteva shares were up 38.3% year to date as of the last close.