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DuPont price target lowered to $50 from $100 at Wells Fargo

Wells Fargo lowered the firm’s price target on DuPont (DD) to $50 from $100 and keeps an Overweight rating on the shares. The firm sees mid-single digit EBITDA growth in 2025 and 2026 in this anemic macro where most Chemicals are down. DuPont’s higher quality portfolio deserves a premium multiple.

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