The stock was rising 2.82% to $37.53 a share.
The price target from UBS analyst John Roberts represents roughly 20% upside from the stock's current level.
Roberts thinks Wall Street consensus for 2020 EBITDA (earnings before interest, taxes, depreciation and amortization) of $19.57 billion is too low, given the industrial giant's planned spinoff of its agricultural division Corteva Agriscience, set for June.
DowDuPont was replaced as a Dow Jones Industrial Average component by Dow Inc. before the start of trading Tuesday.
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