Starboard Value's added Corteva and ON to portfolio, sees growth

This post was originally published on this site

https://i-invdn-com.akamaized.net/trkd-images/LYNXMPEG971FH_L.jpg

Smith told the 13D Monitor Active-Passive Investment Summit that Corteva’s stock price could surge as much as 90% and that its margins could grow to 23% from 14.4% currently.

He saw opportunity for margin growth at ON as well and said the company could become an attractive acquisition target and that the right new chief executive could create a lot of value.