KeyBanc Sticks to Their Buy Rating for DuPont de Nemours (DD)
In a report released today, Aleksey Yefremov from KeyBanc maintained a Buy rating on DuPont de Nemours, with a price target of $51.00.
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Yefremov covers the Basic Materials sector, focusing on stocks such as Eastman Chemical, Huntsman, and DuPont de Nemours. According to TipRanks, Yefremov has an average return of 5.3% and a 54.82% 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 $48.27 average price target.
Based on DuPont de Nemours’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $3.07 billion and a GAAP net loss of $123 million. In comparison, last year the company earned a revenue of $2.86 billion and had a net profit of $455 million
Based on the recent corporate insider activity of 92 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DD in relation to earlier this year. Last month, Lori Koch, the CEO of DD sold 9,011.00 shares for a total of $355,574.06.
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