DuPont (DD) Shares Fall for Third Straight Session, BofA Says 'Buy on Dip'
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Price: $138.33 -0.09%
Rating Summary:
19 Buy, 15 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
19 Buy, 15 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Despite a reassuring note from BofA Monday morning, shares of DuPont (NYSE: DD) are still underperforming the broader markets heading into the afternoon session. Shares of DuPont are currently down $1.28, or about 2.8 percent, to $43.76.
A BofA analyst said to buy the recent dip, suggesting the risk/reward is more attractive on last week's pullback. Shares have fallen 9 percent since lowering its FY11 guidance on the morning of December 9th. The company said it is now seeing EPS in a range of $3.87-$3.95, which is below the consensus of $4.03.
Track all the market-moving analyst action on shares of DuPont with our Analyst Ratings page.
A BofA analyst said to buy the recent dip, suggesting the risk/reward is more attractive on last week's pullback. Shares have fallen 9 percent since lowering its FY11 guidance on the morning of December 9th. The company said it is now seeing EPS in a range of $3.87-$3.95, which is below the consensus of $4.03.
Track all the market-moving analyst action on shares of DuPont with our Analyst Ratings page.
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