Goldman Sachs (NYSE:GS) Says DuPont's (NYSE:DD) Earnings Sustainable

DuPont (NYSE:DD) was upgraded by Goldman Sachs (NYSE:GS) today, with the financial giant saying they believe and have confidence in DuPont being able to generate sustainable earnings.

Goldman upgraded their from "Neutral" to "Buy," while raising their price target on DuPont as well.

Earnings estimate were also increased in 2011 from $3.35 to $3.60, and for 2012 from $3.51 to $4.05.

DuPont was trading at $46.87, rising by $0.34, or 0.73 percent at 1:41 PM EST. Goldman increased their price target on them from $52 to $56 a share.