KeyBanc upgraded DuPont (DD) to Overweight from Sector Weight with an $81 price target The firm cites the selloff in the shares and the Trump administration’s recent steps on deescalating the tariff uncertainty for the upgrade. It views DuPont as a :high-quality name” that can grow EBITDA mid-single to high-single digits through the cycle. The company has a strong balance sheet that should help it withstand a possible downturn in the economy, 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>>
Read More on DD: