DuPont price target lowered to $70 from $74 at Barclays

Barclays analyst Michael Leithead lowered the firm’s price target on DuPont to $70 from $74 and keeps an Equal Weight rating on the shares. The company’s Q4 results and guidance were generally consistent with the preannouncement and most of the investor debate is focused on level of confidence in bottoming trends and the appropriate valuation multiple.