Morgan Stanley Raises Estimates On Dow Chemical Company

According to Morgan Stanley, the Dow Chemical Company DOW estimates are raised. Morgan Stanley said that it continues to view DOW as one of the most attractive stocks in the Chemicals sector, with significant upside to consensus estimates over the next 6-18 months. “Our 2011 EPS estimate of $3.49 is 25% ahead of consensus expectations. We recognize there are near-term risks related to falling commodity prices in Asia, however, with the stock pricing in less than 1% long-term growth, we feel expectations for DOW are already very low.” Dow Chemical Company closed yesterday at $41.34.