Citi analyst Patrick Cunningham raised the firm’s price target on DuPont to $75 from $72 and keeps a Neutral rating on the shares. Ahead of Q2 earnings, the firm is trimming its Q2 and FY23 earnings per share estimates for DuPont by 3% and 1%, respectively. The analyst believes trends in consumer electronics are still pointing to weakness, and the pace of recovery may put risk to the FY guide.
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