tiprankstipranks

DuPont price target raised to $112 from $105 at BMO Capital

DuPont price target raised to $112 from $105 at BMO Capital

BMO Capital raised the firm’s price target on DuPont (DD) to $112 from $105 and keeps an Outperform rating on the shares after its Q4 earnings beat. Investors had largely been sitting on the sidelines on fears the guidance might miss, but the solid Q4 beat in Electronics and Water, along with expectations for those trends to continue, sets the stage for a big run for DuPont, the analyst tells investors in a research note.

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

Disclaimer & DisclosureReport an Issue