Macquarie Initiates Coverage on DowDuPont (DWDP)

Macquarie began coverage on shares of DowDuPont (NASDAQ:DWDP) in a research note issued to investors on Tuesday, The Fly reports. The firm issued an outperform rating on the stock.

Other research analysts have also issued research reports about the company. Bank of America Corporation assumed coverage on DowDuPont in a research report on Monday, September 11th. They set a buy rating and a $78.00 price target on the stock. Jefferies Group LLC lifted their target price on DowDuPont to $80.00 and gave the company a buy rating in a research note on Tuesday, September 5th. Nomura assumed coverage on DowDuPont in a research note on Sunday, September 3rd. They issued a buy rating and a $77.00 target price on the stock. UBS AG assumed coverage on DowDuPont in a research note on Friday, September 1st. They issued a buy rating on the stock. Finally, Instinet reiterated a buy rating and issued a $77.00 target price on shares of DowDuPont in a research note on Tuesday, September 5th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, thirteen have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of Buy and a consensus target price of $78.85.

Shares of DowDuPont (NASDAQ DWDP) opened at 69.86 on Tuesday. The company has a 50-day moving average price of $65.00 and a 200-day moving average price of $63.82. DowDuPont has a 12 month low of $51.60 and a 12 month high of $70.70. The stock’s market cap is $163.19 billion.

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