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Dow Inc (DOW): New Buy Recommendation for This Basic Materials Giant
Wells Fargo analyst maintained a Buy rating on Dow Inc today and set a price target of $48.00.
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In addition to Wells Fargo, Dow Inc also received a Buy from Alembic Global’s Hassan Ahmed in a report issued yesterday. However, on the same day, Bank of America Securities maintained a Hold rating on Dow Inc (NYSE: DOW).
Based on Dow Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $9.79 billion and a GAAP net loss of $445 million. In comparison, last year the company earned a revenue of $10.43 billion and had a GAAP net loss of $307 million
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