DuPont price target raised to $116 from $112 at BMO Capital

BMO Capital raised the firm’s price target on DuPont (DD) to $116 from $112 and keeps an Outperform rating on the shares. The stock represents one of the more attractive opportunities in the chemical space, offering solid value unlock looking out over the next 6-12 months, the analyst tells investors in a research note. Gains are expected from exposure to stable/improving end markets, as well as the upcoming split of DuPont into two companies – ElectronicsCo and New DuPont – the firm added.