DuPont Shares Rise as KeyBanc Upgrades Stock to ‘Overweight’

Shares of DuPont (

DD

) advanced Monday after KeyBanc analysts upgraded the chemical giant’s stock to ”
overweight
” from “sector weight.”

KeyBanc made the move “given the sell-off in DuPont shares and the administration’s recent steps on deescalating the tariff uncertainty,” the analysts wrote Sunday in a note previewing the first quarter for the chemicals sector.

The analysts called DuPont a “high-quality name” and said it “has a strong balance sheet that should help it withstand a possible downturn in the economy.”

DuPont shares rose nearly 3% to $60.64 in recent trading but are down about 20% so far this year. Nearly all of the decline has occurred since President Donald Trump announced
sweeping “reciprocal” tariffs
on April 2.

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