DuPont de Nemours Inc has been recognized as one of the best material stocks to buy, according to hedge funds. The stock’s price saw an increase of 4.85% on Apr 24, followed by a 3.13% increase on Apr 22. Banks such as Bank of America and KeyCorp have also upgraded their recommendations for the giant in Basic Materials. Major firms such as Natixis and Canada Life Assurance Co have acquired shares with Dimensional Fund Advisors and FIL Ltd taking noticeable positions. Despite the Tariff-related stocks drop presenting a buying opportunity, the price target was cut to $90 due to market challenges and later lowered to $80, or as low as $75 by some analysts. Recent leadership changes occur amidst a strategic business separation. Surprisingly, Q4 earnings beat sparked gains in the stock's value, improved the company's margins, and the stock projected to post quarterly earnings on Friday. Positive remarks on the stock have outweighed negative considerations, with significant insider trading activity suggesting potential gains. The company is also moving to spin off its electronics business.
Dupont De Nemours DD News Analytics from Wed, 22 May 2024 07:00:00 GMT to Sat, 26 Apr 2025 11:50:09 GMT -
Rating 9
- Innovation 7
- Information 8
- Rumor -6
