RBC Capital Maintains Sector Perform on Dow, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Arun Viswanathan maintains a Sector Perform rating on Dow (NYSE:DOW) but lowers the price target from $57 to $55.
September 13, 2024 | 1:41 pm
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RBC Capital has maintained its Sector Perform rating on Dow but has lowered the price target from $57 to $55, indicating a slightly less optimistic outlook.
The lowering of the price target by RBC Capital suggests a slightly less optimistic view on Dow's short-term performance, which could lead to a minor negative impact on the stock price. The maintenance of the Sector Perform rating indicates that the stock is expected to perform in line with the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100