Morgan Stanley Maintains Equal-Weight Rating for DuPont de Nemours: Here's What You Need To Know

Morgan Stanley has decided to maintain its Equal-Weight rating of DuPont de Nemours DD and lower its price target from $93.00 to $72.00.

Shares of DuPont de Nemours are trading down 1.57% over the last 24 hours, at $57.65 per share.

A move to $72.00 would account for a 24.89% increase from the current share price.

About DuPont de Nemours

DuPont is a diversified global specialty chemicals company created in 2019 as a result of the DowDuPont merger and subsequent separations. Its portfolio includes specialty chemicals and downstream products that serve the electronics and communication, automotive, construction, safety and protection, and water management industries. DuPont benefits from the ability to produce patented specialty chemicals that command pricing power. Noteworthy products include Kevlar, Tyvek, and Nomex, which tend to have a wide range of applications across multiple industries.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.