B of A Securities Upgrades Dow to Buy, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Steve Byrne has upgraded Dow (NYSE:DOW) from Neutral to Buy and increased the price target from $57 to $60.
January 16, 2024 | 5:17 pm
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POSITIVE IMPACT
Dow has been upgraded from Neutral to Buy by B of A Securities, with a raised price target from $57 to $60.
Upgrades by analysts, especially from neutral to buy, typically indicate a positive outlook on the stock and can lead to increased investor confidence and a potential rise in the stock price. The increase in the price target further supports a bullish view on the stock.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100