Citi raised the firm’s price target on DuPont (DD) to $95 from $88 and keeps a Buy rating on the shares following the earnings report. DuPont noted strong performance in artificial intelligence-related sales, at greater than $300M in fiscal 2024, the analyst tells investors in a research note. The firm says the company is targeting mid-2025 for post-destocking normal growth levels in Kalrez.
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Read More on DD:
- DuPont upgraded to Equal Weight from Underweight at Barclays
- DuPont price target raised to $88 from $82 at BofA
- DuPont’s Strong Performance and Strategic Moves Justify Buy Rating
- Vincent Andrews Maintains Hold Rating on DuPont Due to Modest Financial Adjustments and Market Alignment
- Cautious Outlook on DuPont due to Limited Growth Potential and Competitive Challenges, Justifying Sell Rating