Evercore analyst Stephen Richardson maintains $Dow Inc (DOW.US)$ with a hold rating, and maintains the target price at $62.
According to TipRanks data, the analyst has a success rate of 58.6% and a total average return of 9.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Dow Inc (DOW.US)$'s main analysts recently are as follows:
Dow Inc.'s third-quarter results modestly surpassed expectations, with the stronger performance in the Packaging and Specialty Plastics segment as well as the Performance Materials & Coatings segment making up for the observed weakness in the Industrial Intermediates & Infrastructure. The guidance for the fourth quarter was somewhat below expectations but is considered to be 'reasonable'.
The firm remains optimistic about the relatively stable fundamental environment for polyethylene and acknowledges a trajectory towards Dow's forecasted $1B in additional EBITDA by 2025.
Note:
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