BMO Capital Downgrades DuPont de Nemours to Market Perform, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has downgraded DuPont de Nemours (NYSE:DD) from Outperform to Market Perform and reduced the price target from $80 to $72.
January 24, 2024 | 2:39 pm
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NEGATIVE IMPACT
DuPont de Nemours was downgraded by BMO Capital from Outperform to Market Perform with a reduced price target from $80 to $72.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The reduction in the price target further supports the expectation of a decrease in stock value in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100