Barclays Maintains Equal-Weight on Dow, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Michael Leithead has maintained an Equal-Weight rating on Dow Inc. (NYSE:DOW) but has lowered the price target from $58 to $57.
October 07, 2024 | 7:21 pm
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Barclays has maintained its Equal-Weight rating on Dow Inc. but reduced the price target from $58 to $57, indicating a slightly less optimistic outlook.
The lowering of the price target by Barclays suggests a slightly less optimistic view on Dow's future performance, which could lead to a short-term negative impact on the stock price. The Equal-Weight rating indicates a neutral stance, but the reduced price target may influence investor sentiment negatively.
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