UPDATE: Citigroup Upgrades DuPont as Transformation Could Lead to Long-Term Value Creation
October 25, 2013 at 10:29 AM EDT
In a report published Friday, Citigroup analyst P.J. Juvekar upgraded the rating on DuPont (NYSE: DD ) from Neutral to Buy, and raised the price target from $61.00 to $70.00. In the report, Citigroup noted, “DD announced a formal separation of its Perf Chemicals business, which includes TiO2. This could