Barclays Downgrades DuPont de Nemours to Underweight, Lowers Price Target to $84
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Duffy Fischer has downgraded DuPont de Nemours (NYSE:DD) from Equal-Weight to Underweight and reduced the price target from $88 to $84.
October 07, 2024 | 2:44 pm
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NEGATIVE IMPACT
Barclays has downgraded DuPont de Nemours to Underweight and lowered its price target to $84, indicating a bearish outlook.
The downgrade from Equal-Weight to Underweight by Barclays suggests a negative outlook on DuPont's stock performance. The reduction in the price target from $88 to $84 further supports this bearish sentiment, likely leading to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100