E.I. du Pont de Nemours and Company (DD): Price Target and June Short Interest Disclosure

E.I. du Pont de Nemours and Company (DD) : 8 investment research analysts covering E.I. du Pont de Nemours and Company (DD) have an average price target of $71.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $80 and the lowest target is $64 for the short term. Analysts expect the variance to be within $5.93 of the average price.

E.I. du Pont de Nemours and Company (DD), According to the latest information the short interest in Du Pont De Nemours E I shot up by 1.8% or 141,930 shares. The final shorts are 0.9% of the total floated shares. The positions increased from 7,890,272 shares on June 15,2016 to 8,032,202 on June 30,2016. According to the per-day average trading of 3,830,909 shares, the days to cover are 2. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.

Also, JP Morgan downgrades its view on E.I. du Pont de Nemours and Company (NYSE:DD) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Overweight. The rating by the firm was issued on June 28, 2016.


E.I. du Pont de Nemours and Company (NYSE:DD): stock turned positive on Thursday. Though the stock opened at $66.52, the bulls momentum made the stock top out at $67.37 level for the day. The stock recorded a low of $66.3 and closed the trading day at $66.86, in the green by 1.17%. The total traded volume for the day was 1,913,830. The stock had closed at $66.09 in the previous days trading.

E. I. du Pont de Nemours and Company (DuPont) is a science and technology-based company. The Companys subsidiaries and affiliates conduct manufacturing, seed production or selling activities and distribute products manufactured by the Company. The Companys segments include Agriculture, Electronics & Communications, Industrial Biosciences, Nutrition & Health, Performance Materials and Safety & Protection. The Companys other business operations include various embryonic businesses, such as pre-commercial programs and non-aligned businesses. DuPont conducts research and development (R&D) programs across multiple fields, including biology, chemistry, engineering and materials science. The Companys brands include Pioneer, DuPont Teflon, Capstone, Opteon yf, Isceon, Suva, Vazo, Vertrel, Virkon, Viton, Zyron and Bynel coextrudable adhesive resins, Elvax EVA resins, DuPont Kevlar, Nomex and Tyvek.

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