Several key financial institutions, including
Pacer Advisors Inc. and Citigroup, have adjusted their stance on
DuPont de Nemours (DD), either by cutting stakes or altering price targets.
Jim Cramer advises holding onto DD, citing its value compared to peers. Several asset management firms like
Mediolanum International Funds Ltd, Robeco, and Orca Wealth Management have increased their stakes in DD. Despite a 2.2% drop since the last earnings report, the prospect of DD's electronic business separation could trigger recovery. DD remains a favored stock among hedge funds, being acclaimed as a top nanotechnology and hydrogen cell stock. Despite its stock price decrease, it's seen as promising in the longer term with new investments by firms like Simon Quick Advisors. DD also grabs attention with its plans for AI Semiconductor spin-off and commitment to net-zero emissions by 2050. Despite some sell-offs, DD's institutional backing remains robust at 72%. Moreover, strong AI-tech demand led to raised annual profit forecasts. The firm experienced soft earnings yet is seen as conservatively accounting for this situation.
Dupont De Nemours DD News Analytics from Wed, 01 May 2024 07:00:00 GMT to Sat, 01 Feb 2025 11:26:19 GMT -
Rating 3
- Innovation 6
- Information 8
- Rumor -4
