Information Provided By:
Fly News Breaks for February 4, 2020
DD
Feb 4, 2020 | 08:41 EDT
BMO Capital analyst John McNulty lowered his price target on DuPont to $75 but kept his Outperform rating after its below-consensus Q1 and FY20 guidance. The analyst notes that investors are starting to question the outlook and also express concerns about the "PFOA blackbox", but even when looking past the company's "optionality", McNulty contends that DuPont shares remain "too cheap". McNulty adds that his DuPont price target is derived on the 12-times multiple on his expected FY21 EBITDA, which is a slight discount relative to its peers.
News For DD From the Last 2 Days
There are no results for your query DD