Piper Sandler Maintains Overweight Rating for Dow: Here's What You Need To Know

Piper Sandler has decided to maintain its Overweight rating of Dow DOW and lower its price target from $66.00 to $60.00.

Shares of Dow are trading down 0.8% over the last 24 hours, at $50.90 per share.

A move to $60.00 would account for a 17.88% increase from the current share price.

About Dow

Dow Chemical is a diversified global chemicals producer that was formed in 2019 as a result of the DowDuPont merger and subsequent separations. The firm is a leading producer of several chemicals, including polyethylene, ethylene oxide, and silicone rubber. Its products have numerous applications in both consumer and industrial end markets.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.