DuPont de Nemours (DD) experienced a notable period of growth, outperforming competitors on numerous trading occasions. The company's financial results for Q3 2024 were carefully watched by analysts and investors. DD's earnings per share for the period surpassed predictions, standing at USD 1.13 vs USD 0.62 for Q3 2023, indicating strong growth, especially in the Electronics sector. This growth led experts such as Jim Cramer to recommend buying DD stock. The National Pension Service and Robeco Institutional Asset Management significantly increased their holdings in DD. Barclays and the Royal Bank of Canada elevated DD's price target to $85.00 and $104.00, respectively. DD also achieved a strong institutional backing, with a 72% ownership rate. However, the stock underperformed in comparison to competitors on certain days. Analysts are forecasting good outlooks through various key metrics, and prompt updates were provided for Q4 2024 earnings guidance. A notable development includes DuPont's split into three separate companies. Moreover, DD's water unit became a point of interest for potential buyers. As a result, DD's price saw an increase, reaching a 52-week high at $85.14.
Dupont De Nemours DD News Analytics from Wed, 01 May 2024 07:00:00 GMT to Thu, 07 Nov 2024 21:59:00 GMT -
Rating 7
- Innovation 5
- Information 9
- Rumor -2
