DuPont price target raised to $82 from $68 at Argus

Argus raised the firm’s price target on DuPont (DD) to $82 from $68 and keeps a Buy rating on the shares. DuPont shares have underperformed over the past 3 months as S&P500 gained 10%, but the recent weakness offers a buying opportunity, the analyst tells investors in a research note. Argus adds that business is fine and that the management has recently signaled confidence with a dividend hike and a shake buyback.