10:39 AM EDT, 10/03/2025 (MT Newswires) -- Corteva's ( CTVA ) potential split could unlock value by allowing the Seed business to trade at a higher multiple unburdened by Crop Protection's challenges, Deutsche Bank said in a note Friday.
The company has lost $7 billion in market value since plans to separate its Seed and Crop Protection units were first reported on Sept. 12 and confirmed on Oct. 1, the investment firm said.
The bank said investor concerns about Crop Protection, including pesticide liabilities, tougher competition, and weak market conditions, drove the decline.
Deutsche Bank analysts noted that lower-valued segments like Crop Protection typically hold back the valuation of stronger units, making a split more attractive.
Corteva ( CTVA ) management told the firm that the separation may result in $80 million to $100 million in dis-synergies.
Deutsche Bank had a buy rating for Corteva ( CTVA ) with a $90 price target.
Price: 63.01, Change: -0.48, Percent Change: -0.76