Fly News Breaks for September 10, 2019
Sep 10, 2019 | 07:55 EDT
Jefferies analyst Laurence Alexander started DuPont with a Buy rating and $85 price target. Better operating discipline and a commitment to "exploit its freedom to maneuver" should make DuPont shares more resilient against a soft macroeconomic backdrop, Alexander tells investors in a research note. He believes the current productivity cycle and DuPont's "robust" free cash flow could drive 4.1% annual sales growth and 12% annual earnings growth through the middle of the next decade.
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