Dow Inc. price target raised to $29 from $25 at RBC Capital

RBC Capital raised the firm’s price target on Dow Inc. (DOW) to $29 from $25 and keeps a Sector Perform rating on the shares as part of a broader research note previewing Q4 for Commodity Chemicals. While underlying demand in North America appears resilient, weakness has persisted in Europe, though the firm is boosting its estimates to reflect Polyethylene margin improvement and normalized supply conditions, the analyst tells investors in a research note.