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Jefferies Raises Price Target on DuPont (DD)

March 30, 2012 7:21 AM EDT
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Price: $138.46 --0%

Rating Summary:
    19 Buy, 15 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 6 | Down: 5 | New: 17
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Jefferies raised its price target on Buy-rated DuPont (NYSE: DD) from $54 to $57.

The firm comments, "DuPont's 18% discount to the S&P 500, in our view, already discounts a more modest restocking cycle, and now the shares have upside if U.S. construction markets recover and EU demand trends stabilize. We reiterate our Buy rating."

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 $52.75 yesterday.


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