UBS Maintains a 'Neutral' on DuPont (DD); Adjusting Estimates for Coatings Sale

UBS maintains a 'Neutral' on DuPont (NYSE: DD) price target of $55.00 (from $53.00).

Analyst, Gregg A. Goodnight, said, "Our 2012 EPS estimate, including discontinued operations, is now $4.25 (from $4.24). DuPont will provide updated 2012 EPS guidance in 3Q that will reflect prior Performance Coatings results as discontinued operations that the company estimates at $0.41-$0.47. For 2013 our EPS estimate is now $4.30, down from $4.60 prior and our 2014 estimate is now $4.94, down from $5.21 reflecting loss of segment PTOI."

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 $51.05 yesterday.

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