Jefferies Leaves DuPont Buy Rating, $58 PT Unchanged (DD)

Jefferies left its DuPont DD Buy rating and $58 price target unchanged in a research report published today. In the report, Jefferies states, "As the economic recovery gains momentum, DuPont's early cycle leverage becomes less important, and the investment case shifts to the near-term opportunity to gain share in the seed business and to transform and revive the portfolio through M&A." Shares of DuPont were at $53.68 in pre-market trading at the time of posting, down 0.28% from Thursday's market close.