Investors Buy DowDuPont (DWDP) on Weakness
Traders purchased shares of DowDuPont (NASDAQ:DWDP) on weakness during trading on Wednesday. $9.25 million flowed into the stock on the tick-up and $3.03 million flowed out of the stock on the tick-down, for a money net flow of $6.22 million into the stock. Of all companies tracked, DowDuPont had the 11th highest net in-flow for the day. DowDuPont traded down ($0.02) for the day and closed at $64.96
DWDP has been the topic of several research reports. Edward Jones initiated coverage on DowDuPont in a report on Friday, September 1st. They set a “hold” rating on the stock. Sanford C. Bernstein started coverage on DowDuPont in a research note on Friday, September 1st. They issued an “outperform” rating and a $79.00 price objective on the stock. Macquarie started coverage on DowDuPont in a research note on Tuesday. They issued an “outperform” rating and a $76.00 price objective on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $77.00 price objective on shares of DowDuPont in a research note on Wednesday. Finally, UBS AG started coverage on DowDuPont in a research note on Friday, September 1st. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $78.00.
The company has a 50-day moving average price of $64.76 and a 200-day moving average price of $63.58.
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