Dahlman Rose & Co. has a Hold rating on shares of Dow Chemical DOW, and is raising its estimates on the company.
In a note to clients, Dahlman Rose writes, "We are raising our current year estimates and introducing our 2012 estimates driven by our belief of continued strength of the commodity cycle and sustainable North American competitive advantage. We have maintained our Hold rating but would get more bullish with better results from the Performance Segments."
Shares of DOW closed at $39.35 yesterday.
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