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 25, 2024 | 2:02 pm
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NEGATIVE IMPACT
DuPont de Nemours was downgraded by BMO Capital from Outperform to Market Perform, and the price target was lowered from $80 to $72.
The downgrade by BMO Capital from Outperform to Market Perform suggests a more cautious view on the stock's future performance. Additionally, the reduction in the price target from $80 to $72 indicates a lowered expectation for the stock's valuation. These factors are likely to negatively influence investor sentiment and could lead to a short-term decline in the stock price of DuPont de Nemours.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100