3M Price Target Cut At Barclays, JPMorgan
Barclays analyst Julian Mitchell lowered 3M Co (NYSE:MMM) price target to $182 (implying an upside of 3%) from $185 and maintained an Underweight rating on…
JP Morgan Upgrades DuPont de Nemours to Overweight, Raises Price Target to $85
JP Morgan analyst Stephen Tusa upgrades DuPont de Nemours (NYSE:DD) from Neutral to Overweight and raises the price target from $84 to $85.
DuPont Reports Virtual Power Purchase Deal For Renewable Energy, No Terms Disclosed
DuPont (NYSE:DD) today announced that it has signed a virtual power purchase agreement (VPPA) with a subsidiary of NextEra Energy Resources, LLC with a generation capacity of the equivalent of 135 megawatts of new wind
Amazon, Walmart To Advise Washington On Ocean Freight Policy
Some of the largest and most powerful companies in the U.S. will now have a say in shaping transportation policy in a public forum at the Federal Maritime Commission.
4 Stocks Insiders Are Buying
When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.
Last Week’s Notable Insider Buys: Magnolia Oil & Gas, Vertex Pharmaceuticals
Insider buying can be an encouraging signal for potential investors, especially when markets are near all-time highs.
Some insiders were picking shares last week in the wake of earnings beats.
One oil exploration and production CEO returned to the buy window during the week too.
Credit Suisse Maintains Neutral on DuPont de Nemours, Raises Price Target to $84
Credit Suisse analyst John Walsh maintains DuPont de Nemours (NYSE:DD) with a Neutral and raises the price target from $83 to $84.
Recap: DuPont Q2 Earnings
Shares of DuPont de Nemours (NYSE:DD) remained unaffected after the company reported Q2 results.
Quarterly Results
Earnings per share increased 51.43% year over year to $1.06, which beat the estimate of $0.95.
DuPont Raises FY21 Adj. EPS Guidance From $3.60-$3.75 To $4.24-$4.30 vs $3.76 Est., Raises Sales Guidance From $15.7B-$15.9B To $16.45B-$16.55B vs $15.88B Est.
The Company is changing its treatment of intangible amortization expense for non-GAAP reporting. Beginning third quarter 2021, DuPont's adjusted EPS(1) will exclude all amortization of intangible