JPMorgan Chase & Co. reduced its stake in Corteva, Inc. by 17.9% in the third quarter, selling over 900,000 shares but still owning a significant position worth about $282 million. Corteva’s recent earnings report met EPS expectations but missed revenue targets, showing a slight year-over-year decrease in revenue. The company also declared a quarterly dividend of $0.18 per share and has an average analyst rating of “Moderate Buy” with an average price target of $82.30.
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Corteva, Inc. $CTVA Shares Sold by JPMorgan Chase & Co.
JPMorgan Chase & Co. reduced its stake in Corteva, Inc. by 17.9% in the third quarter, selling over 900,000 shares but still owning a significant position worth about $282 million. Corteva’s recent earnings report met EPS expectations but missed revenue targets, showing a slight year-over-year decrease in revenue. The company also declared a quarterly dividend of $0.18 per share and has an average analyst rating of “Moderate Buy” with an average price target of $82.30.