<div id="readability-page-1"><div><p>(MT Newswires) -- Corteva (CTVA) potentially separating its seed and pesticide businesses could unlock &#34;substantial&#34; value, Deutsche Bank analysts said in a note Monday.</p><p> The Wall Street Journal reported Friday that Corteva is exploring a split of its seed and pesticide businesses into two separate entities.</p><p> Analysts said there is growing pressure on crop protection valuation multiples from several areas, including low-priced Asian generic products, the Make America Healthy Movement, and their campaign against pesticide use, and precision agriculture, which lowers the usage of crop protection chemicals by farmers.</p><p> Deutsche Bank said that the valuation multiples of FMC Corp (FMC), whose business is entirely based on crop protection, indicate the value Corteva could generate through the split. Two-thirds of Corteva's business is based on seeds, with the remaining focused on crop protection, it said.</p><p> Analysts raised the stock's price target to $90 from $83, and retained a buy rating.</p><p> Shares of the company were down 4% in recent Monday trading.</p><p>Price: 71.38, Change: -2.91, Percent Change: -3.92</p></div></div>

科迪华农业科技

<p>科迪华农业科技（Corteva，股票代码：CTVA）正在考虑将其种子和农药业务拆分，德意志银行的分析师认为这可能会释放出显著的价值。分析师指出，由于来自低成本亚洲产品的竞争以及对农药使用的抵制，作物保护估值面临压力。他们将科迪华的潜在拆分与 FMC 公司的估值进行了比较。尽管周一股价下跌 4%，收于 71.38 美元，科迪华的股票目标价仍从 83 美元上调至 90 美元，维持买入评级</p>

德意志银行表示，科迪华农业科技的潜在拆分可能会释放 ‘可观’ 的价值