DuPont price target raised to $81 from $70 at Barclays

Barclays analyst Michael Leithead raised the firm’s price target on DuPont to $81 from $70 and keeps an Equal Weight rating on the shares post the Q1 report. The analyst says the beat, raised guidance, and data center buzz sent shares to two-year highs. The firm says that while DuPont’s near-term momentum is positive, it remains on the sidelines as it thinks the stock’s recent re-rating under-appreciates historic volatility.