Wells Fargo Maintains Overweight on Dow, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison maintains an Overweight rating on Dow (NYSE:DOW) but lowers the price target from $62 to $60.
October 25, 2024 | 1:08 pm
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Wells Fargo's analyst Michael Sison continues to rate Dow as Overweight but has reduced the price target from $62 to $60, indicating a slightly less optimistic outlook.
The reduction in the price target from $62 to $60 suggests a slightly less optimistic view on Dow's short-term performance, which could lead to a minor negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
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IMPORTANCE 80
RELEVANCE 100