Analyst Vincent Andrews of Morgan Stanley maintained a Hold rating on DuPont de Nemours, retaining the price target of $80.00.
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Vincent Andrews has given his Hold rating due to a combination of factors influencing DuPont de Nemours’s financial outlook. The adjustments in earnings per share (EPS) and EBITDA forecasts reflect a cautious stance, as the estimates for the upcoming quarters and years have been slightly revised downward. This indicates a tempered expectation of the company’s performance relative to previous projections.
Moreover, the anticipated impact of tariffs has been mitigated by a temporary pause and inventory dynamics, which may delay their effects on DuPont. Additionally, the slower than expected activity in the construction sector is likely to weigh on the Industrial segment’s performance. These elements collectively suggest a stable but not overly optimistic view, justifying the Hold rating as investors await more definitive signs of growth or improvement.
According to TipRanks, Andrews is a 4-star analyst with an average return of 5.2% and a 62.89% success rate. Andrews covers the Basic Materials sector, focusing on stocks such as Sherwin-Williams Company, Cf Industries Holdings, and PPG Industries.