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RBC Capital Sticks to Its Buy Rating for DuPont de Nemours (DD)

RBC Capital analyst Arun Viswanathan maintained a Buy rating on DuPont de Nemours (DDResearch Report) on January 25 and set a price target of $85.00. The company’s shares closed yesterday at $73.55.

Viswanathan covers the Basic Materials sector, focusing on stocks such as Albemarle, Celanese, and Huntsman. According to TipRanks, Viswanathan has an average return of 5.5% and a 59.68% 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 $81.92 average price target, which is an 11.38% upside from current levels. In a report released on January 26, BMO Capital also maintained a Buy rating on the stock with a $103.00 price target.

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The company has a one-year high of $82.45 and a one-year low of $49.28. Currently, DuPont de Nemours has an average volume of 3.15M.

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Delaware-based DuPont de Nemours, Inc., which is commonly known as DuPont, is a multi-industry specialty solutions company and provides specialty materials, chemicals, and agricultural products in the United States, Canada, Asia Pacific, Latin America, Europe, the Middle East, and Africa. The company was formed by the merger of Dow Chemical and E. I. du Pont de Nemours and Company on August 31, 2017. It operates through the following segments: Electronics & Imaging; Nutrition & Biosciences; Transportation & Industrial; Safety & Construction, and Non-Core.

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