JP Morgan Maintains Overweight on Dow, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Jeffrey Zekauskas maintains an Overweight rating on Dow (NYSE:DOW) but lowers the price target from $60 to $55.
September 13, 2024 | 3:52 pm
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JP Morgan's analyst Jeffrey Zekauskas maintains an Overweight rating on Dow but reduces the price target from $60 to $55, indicating a slightly less optimistic outlook.
The reduction in the price target from $60 to $55 suggests a less optimistic view on Dow's future performance, which could lead to a short-term negative impact on the stock price. However, the Overweight rating indicates that the analyst still sees potential for the stock to outperform its peers.
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