DuPont price target lowered to $80 from $86 at Mizuho

Mizuho analyst John Roberts lowered the firm’s price target on DuPont to $80 from $86 and keeps a Buy rating on the shares. The company pre-announced in-line Q4 results but weaker Q1 as inventory destocking and weak China continue to impact the industrial businesses, the analyst tells investors in a research note. The firm lowered estimates to reflect DuPont’s “ongoing challenges.”