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Citi ups DuPont price target, adds ‘upside 90-day catalyst watch’

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.

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