Cowen and Company Upgrades DowDuPont (DWDP) to “Outperform”
DowDuPont (NASDAQ:DWDP) was upgraded by analysts at Cowen and Company from a “market perform” rating to an “outperform” rating in a note issued to investors on Wednesday, Marketbeat reports. The brokerage presently has a $80.00 price objective on the stock. Cowen and Company’s price objective points to a potential upside of 14.20% from the stock’s current price.
Other equities analysts have also recently issued reports about the stock. Macquarie assumed coverage on shares of DowDuPont in a research note on Tuesday, September 5th. They set an “outperform” rating and a $76.00 price target on the stock. Monness Crespi & Hardt assumed coverage on shares of DowDuPont in a research note on Tuesday. They set a “neutral” rating on the stock. Jefferies Group LLC upped their price target on shares of DowDuPont to $80.00 and gave the stock a “buy” rating in a research note on Tuesday, September 5th. Instinet reaffirmed a “buy” rating and set a $82.00 price target (up from $77.00) on shares of DowDuPont in a research note on Wednesday. Finally, Nomura started coverage on shares of DowDuPont in a research report on Sunday, September 3rd. They issued a “buy” rating and a $77.00 price objective on the stock. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, thirteen have given a buy rating and one has assigned a strong buy rating to the company. DowDuPont presently has a consensus rating of “Buy” and a consensus target price of $78.85.
DowDuPont (NASDAQ:DWDP) opened at 70.05 on Wednesday. The firm’s 50-day moving average is $64.89 and its 200 day moving average is $63.77. The stock’s market capitalization is $163.63 billion. DowDuPont has a 12-month low of $51.60 and a 12-month high of $70.30.
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