RBC Capital analyst Arun Viswanathan raised the firm’s price target on DuPont to $90 from $81 and keeps an Outperform rating on the shares. The firm is cutting its FY23 and FY24 EPS view by 15c to $3.45 and $3.95 respectively after the company’s Q2 earnings miss but states that volumes should inflect higher in Q4 as destocking wanes and benefits from the Spectrum acquisition are realized.
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