RBC Capital cuts DuPont price target to $101, keeps Outperform rating
RBC Capital Markets adjusted its price target on DuPont shares (NYSE:DD), decreasing it to $101 from $104, while maintaining an Outperform rating on the stock. RBC Capital's analyst cited a modest reduction in the EBITDA forecasts for 2024 and 2025 due to foreign exchange (FX) concerns and a conservative stance on interest rate cuts.