UBS Maintains a 'Neutral' on DuPont (DD); Raising Estimates; Potential Positive Surprises From Ag Segment

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UBS maintains a 'Neutral' on DuPont (NYSE: DD) price target raised from $51 to $53.

Analyst, Andrew W. Cash, said, "We are raising our full-year 2012 EPS forecast to $4.21 from $4.13 to reflect the first quarter beat of $0.08 that was reported last Thursday. Most of the beat came from Performance Chemicals (TiO2), followed by Ag and Coatings. By increasing our 2012 EPS base and maintaining our growth rates for 2013 these adjustments have the impact of raising our 2013 estimate by approximately the same magnitude." (FY13 raised from $4.65 to $4.71."

For an analyst ratings summary and ratings history on DuPont click here. For more ratings news on DuPont click here.

Shares of DuPont closed at $52.68 yesterday, with a 52 week range of $37.10-$57.50.

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