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Bank of America Securities Keeps Their Hold Rating on DuPont de Nemours (DD)

Tipranks - Tipranks - Wed Apr 22, 6:18AM CDT

In a report released today, Matthew DeYoe from Bank of America Securities reiterated a Hold rating on DuPont de Nemours, with a price target of $47.00.

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DeYoe covers the Basic Materials sector, focusing on stocks such as Ecolab, Mosaic Co, and Nutrien. According to TipRanks, DeYoe has an average return of 10.5% and a 67.90% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for DuPont de Nemours with a $55.70 average price target.

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Based on DuPont de Nemours’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.69 billion and a GAAP net loss of $126 million. In comparison, last year the company earned a revenue of $3.09 billion and had a GAAP net loss of $118 million

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