<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>

科迪華農業科技

<p>科迪華農業科技（Corteva，股票代碼：CTVA）正在考慮將其種子和農藥業務拆分，德意志銀行的分析師認為這可能會釋放出顯著的價值。分析師指出，由於來自低成本亞洲產品的競爭以及對農藥使用的抵制，作物保護估值面臨壓力。他們將科迪華的潛在拆分與 FMC 公司的估值進行了比較。儘管週一股價下跌 4%，收於 71.38 美元，科迪華的股票目標價仍從 83 美元上調至 90 美元，維持買入評級</p>

德意志銀行表示，科迪華農業科技的潛在拆分可能會釋放 ‘可觀’ 的價值