tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DuPont price target lowered to $104 from $107 at BMO Capital

BMO Capital lowered the firm’s price target on DuPont (DD) to $104 from $107 and keeps an Outperform rating on the shares. DuPont and Qnity management each gave detailed reviews of their businesses ahead of the pending November 1st split as each demonstrated a solid opportunity to drive value for investors going forward, the analyst tells investors in a research note. The new DuPont will focus on accelerating growth and scale in Water/HC, improving its margin profile, and using its significant balance sheet and free cash flow flexibility, the firm added.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1