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DuPont de Nemours (DD) Receives a Buy from BMO Capital

Tipranks - Tipranks - Thu May 7, 7:56AM CDT

In a report released today, John McNulty from BMO Capital maintained a Buy rating on DuPont de Nemours, with a price target of $62.00.

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McNulty covers the Basic Materials sector, focusing on stocks such as LyondellBasell, Ecolab, and DuPont de Nemours. According to TipRanks, McNulty has an average return of 4.1% and a 48.78% success rate on recommended stocks.

In addition to BMO Capital, DuPont de Nemours also received a Buy from RBC Capital’s Arun Viswanathan in a report issued on April 24. However, today, Morgan Stanley assigned a Hold rating to DuPont de Nemours (NYSE: DD).

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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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