BMO Capital analyst John McNulty raised the firm’s price target on DuPont to $100 from $96 and keeps an Outperform rating on the shares after its Q2 earnings beat. The company’s end markets are showing signs of lift with Electronics volumes accelerating driven by general rising utilization rates and increased chip complexity, the analyst tells investors in a research note. Water & Protection segment is also seeing its headwinds in Water and Safety moderate, and if rate cuts come, DuPont’s Shelter Solutions business should see a pop in 2025 too, the firm added.
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