Citi added a “downside 90-day catalyst watch” on shares of Dow Inc. (DOW) while keeping a Neutral rating on the name with a $23 price target The firm sees Q1 guidance risk due to compressed polyethylene margins from higher ethane costs and soft demand.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOW:
- Hold Rating on Dow Inc. Amid Rising Costs and Market Uncertainties
- Early notable gainers among liquid option names on December 9th
- Amazon-Backed X-energy Raises $700M to Power Small Nuclear Reactor Growth
- Dow Inc. price target lowered to $23 from $25 at Citi
- Kyndryl Holdings expands collaboration with Dow
