Jefferies Raises Numbers On DuPont (DD) Following Strong Q1 and Outlook
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Price: $138.46 -0.87%
Rating Summary:
19 Buy, 15 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
Rating Summary:
19 Buy, 15 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 15 | New: 40
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Jefferies raised estimates and its price target on Buy-rated DuPont (NYSE: DD) following Q1 'beat and raise.'
EPS for Q2 goes from $0.54 to $60, FY11 goes from $3.70 to $3.80 and FY12 goes from $4.32 to $4.40. The firm's price target goes from $59 to $64.
On the Danisco deal, Jefferies estimate that if the deal is completed it will add approximately $0.20 per share in 2012.
For more ratings news on DuPont click here and for the rating history of DuPont click here.
Shares of DuPont closed at $55.91 yesterday.
EPS for Q2 goes from $0.54 to $60, FY11 goes from $3.70 to $3.80 and FY12 goes from $4.32 to $4.40. The firm's price target goes from $59 to $64.
On the Danisco deal, Jefferies estimate that if the deal is completed it will add approximately $0.20 per share in 2012.
For more ratings news on DuPont click here and for the rating history of DuPont click here.
Shares of DuPont closed at $55.91 yesterday.
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