DuPont price target raised to $85 from $77 at Wells Fargo

Wells Fargo analyst Michael Sison raised the firm’s price target on DuPont to $85 from $77 and keeps an Overweight rating on the shares. The firm continues to believe the company is in a favorable position heading into 2023, thanks to a strong balance sheet from the M&M sale, with leverage to a recovery in China in the second half of 2023.