Piper Sandler analyst Charles Neivert maintained a Buy rating on Dow Inc (DOW – Research Report) today and set a price target of $68.00. The company’s shares closed last Friday at $57.29.
Neivert covers the Basic Materials sector, focusing on stocks such as Cf Industries Holdings, Lsb Industries, and LyondellBasell. According to TipRanks, Neivert has an average return of -0.9% and a 45.78% success rate on recommended stocks.
In addition to Piper Sandler, Dow Inc also received a Buy from J.P. Morgan’s Jeffrey Zekauskas in a report issued on April 26. However, on the same day, KeyBanc maintained a Hold rating on Dow Inc (NYSE: DOW).
Based on Dow Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $10.73 billion and a net profit of $302 million. In comparison, last year the company earned a revenue of $14.12 billion and had a net profit of $739 million
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Dow Inc (DOW) Company Description:
Incorporated in 2018, Michigan-based Dow, Inc. provides materials science solutions for consumer care, infrastructure, and packaging markets in the United States, Canada, Europe, the Middle East, Africa, India, the Asia Pacific, and Latin America. It operates through three segments: Packaging & Specialty Plastics, Industrial Intermediates & Infrastructure, and Performance Materials and Coatings.
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