Berenberg: Bayer Legal Victories Clear Path for Potential Crop Science Split; Price Target Up
() -- Berenberg raised its price target for Bayer (BAYN.F) to 55 euros from 40.50 euros, with an unchanged hold rating, noting recent legal wins have created a path for an "amicable" spin-off of its crop science division. "We believe Bayer's twin victories in the Durnell glyphosate case and the return of the glyphosate