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Fly News Breaks for April 27, 2016
DD
Apr 27, 2016 | 06:18 EDT
CLSA analyst Mark Connelly downgraded DuPont to Underperform citing "stretched" valuation given a less certain outlook for ethylene and concerns about Dow's cycle risk. The analyst raised DuPont estimates and increased his price target to $70 from $62 saying cost reductions are on track and likely to exceed guidance.
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