Barclays Maintains Equal-Weight on Dow, Raises Price Target to $58
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on Dow (NYSE:DOW) and increased the price target from $55 to $58, indicating a positive outlook on the company's stock.
January 29, 2024 | 6:04 pm
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Barclays has maintained an Equal-Weight rating on Dow and raised the price target from $55 to $58, suggesting confidence in the company's stock performance.
The increase in price target by Barclays reflects a positive assessment of Dow's stock, likely due to favorable market conditions, financial performance, or industry trends. As price targets can influence investor sentiment and stock prices, this revised target may lead to a short-term increase in Dow's stock price.
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