Wells Fargo Upgrades DuPont de Nemours to Overweight, Raises Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo has upgraded DuPont de Nemours (NYSE:DD) from Equal-Weight to Overweight and raised the price target from $80 to $103.
May 24, 2024 | 12:27 pm
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POSITIVE IMPACT
Wells Fargo has upgraded DuPont de Nemours from Equal-Weight to Overweight and increased the price target from $80 to $103, indicating a positive outlook for the stock.
The upgrade from Equal-Weight to Overweight by a major financial institution like Wells Fargo, along with a significant increase in the price target, suggests a strong positive sentiment towards DuPont de Nemours. This is likely to attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100