DuPont (DD) is focused on capturing $1 billion in working capital productivity gains during 2011-2013. The company is also on track to achieve a combined $600 million in benefits from fixed cost productivity and restructuring actions.
DuPont is executing strategies for further development and growth of new products, particularly for agriculture, photovoltaics, alternative energy and materials. Furthermore, the company’s focus on the emerging markets, along with a strong performance in the Agriculture & Nutrition segment, are expected to generate top-line growth in the future.
Along with upward estimate revisions by analysts, these factors have led us to upgrade our recommendation from Neutral to Outperform with a target price of $56.
DU PONT (EI) DE (DD): Free Stock Analysis Report
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