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Fly News Breaks for February 3, 2020
Feb 3, 2020 | 09:34 EDT
RBC Capital analyst Arun Viswanathan lowered his price target on DuPont to $59 and kept his Sector Perform rating after its below-consensus Q1 and FY20 guidance. The analyst notes that his cautionary view is further warranted by the slowing macro backdrop in Europe and China and believes that the company's earnings growth could face headwinds, even though he sees valuation on the stock as becoming "quite compelling".
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