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UBS Sticks to Their Hold Rating for Dow Inc (DOW)

Tipranks - Tipranks - Tue Jul 7, 5:26AM CDT

UBS analyst Joshua Spector maintained a Hold rating on Dow Inc today and set a price target of $29.00.

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Spector covers the Basic Materials sector, focusing on stocks such as Ecolab, Linde, and RPM International. According to TipRanks, Spector has an average return of 4.5% and a 53.63% success rate on recommended stocks.

In addition to UBS, Dow Inc also received a Hold from Mizuho Securities’s John Roberts CFA in a report issued on July 1. However, on July 2, Alembic Global assigned a Buy rating to Dow Inc (NYSE: DOW).

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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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