Wells Fargo analyst Michael Sison lowered the firm’s price target on Dow Inc. (DOW) to $35 from $40 and keeps an Overweight rating on the shares. Given increased risks in a post tariff world, the firm recommends a more defensive position within the chemicals sector into Q1 2025 results as Wells expects cautious outlook commentary.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DOW:
- Dow Inc. price target lowered to $29 from $41 at UBS
- Dow Inc. price target lowered to $37 from $46 at Piper Sandler
- China announces retaliatory tariffs, U.S. unemployment rises: Morning Buzz
- KeyBanc sees Dow Inc., LyondellBasell earnings most at risk after tariff news
- Dow Inc. price target lowered to $40 from $50 at Wells Fargo