Bank of America Securities analyst Steve Byrne has reiterated their bearish stance on DD stock, giving a Sell rating today.
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Steve Byrne’s rating is based on a combination of factors related to DuPont de Nemours’s current business outlook and market positioning. Despite DuPont posting strong fourth-quarter results with earnings per share (EPS) exceeding expectations, the company’s projected EPS growth for 2025 is lower compared to its peers in the specialty chemical sector. This suggests limited growth potential in the near term, particularly when considering the competitive landscape.
Additionally, while the electronics segment shows promise, other business areas such as Shelter and Safety Solutions are facing challenges due to sluggish demand and intense competition, which may lead to continued price erosion. Although there is potential in the Water and Healthcare segments, the overall business mix appears to lack the dynamism needed for robust growth. Consequently, the assessment reflects caution towards the stock’s ability to outperform in the current market environment, justifying the Sell rating.
In another report released today, Barclays also maintained a Sell rating on the stock with a $85.00 price target.
Based on the recent corporate insider activity of 83 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DD in relation to earlier this year.