JP Morgan Maintains Overweight on DuPont de Nemours, Raises Price Target to $88
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Stephen Tusa maintains an Overweight rating on DuPont de Nemours (NYSE:DD) and raises the price target from $85 to $88.
May 02, 2024 | 3:35 pm
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POSITIVE IMPACT
JP Morgan analyst Stephen Tusa maintains an Overweight rating on DuPont de Nemours and raises the price target from $85 to $88.
The upgrade in price target by a prominent analyst like Stephen Tusa from JP Morgan is a strong positive signal for DuPont de Nemours. It suggests a bullish outlook on the stock's future performance, likely due to favorable analysis of the company's market position, financial health, or growth prospects. This kind of endorsement can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100