Citi raised the firm’s price target on DuPont (DD) to $85 from $75 and keeps a Buy rating on the shares, which was also named as the new top pick across the analyst’s North America specialty chemicals coverage. In addition, Citi opened an “90-day upside catalyst watch” on DuPont ahead of Q2 earnings and its Qnity and “RemainCo” investor days expected in mid-September. The firm forecasts “another strong performance” in Semis, ICS, Healthcare, and Water in the quarter and for DuPont to message less pronounced tariff impacts, notes the analyst.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DD: