Corteva's Vylor Poised for Growth Through 2029, RBC Says

11:09 AM EDT, 09/16/2026 (MT Newswires) -- Corteva's (CTVA) Vylor is targeting strong growth through 2029, driven by its core products and strong execution, RBC Capital Markets said in a note Tuesday following its investor day event. The company said Monday its board has approved the separation of its seed business into a publicly traded company, Vylor, through a pro rata stock dividend. RBC analysts said Vylor management expects sales to grow 3% to 4% annually through 2029, while EBITDA is expected to grow 7% to 8% annually. "We remain positive on the spin, and expect Vylor to fetch a mid-high teens EBITDA multiple," the report said. "It could see high-single-digit percentage organic EPS growth and low-double-digit percentage EPS growth after M&A/buybacks," it added. RBC has an outperform rating and a $103 price target on Corteva. Price: 82.79, Change: -0.60, Percent Change: -0.72