Dow Inc (DOW) Receives a Hold from J.P. Morgan
In a report released yesterday, Jeffrey Zekauskas from J.P. Morgan maintained a Hold rating on Dow Inc, with a price target of $26.00.
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According to TipRanks, Zekauskas is a 4-star analyst with an average return of 4.5% and a 56.68% success rate. Zekauskas covers the Basic Materials sector, focusing on stocks such as Mosaic Co, PPG Industries, and Air Products and Chemicals.
In addition to J.P. Morgan, Dow Inc also received a Hold from Bank of America Securities’s Matthew DeYoe in a report issued yesterday. However, on the same day, KeyBanc maintained a Buy rating on Dow Inc (NYSE: DOW).
Based on Dow Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $9.46 billion and a GAAP net loss of $1.54 billion. In comparison, last year the company earned a revenue of $10.41 billion and had a GAAP net loss of $53 million
Read More on DOW:
Disclaimer & DisclosureReport an Issue
- Balancing Near-Term Headwinds and Long-Term Efficiency Gains: Justifying a Hold on Dow
- Dow Inc.: Elevated Capex, Weak Cash Generation, and Limited Earnings Visibility Drive Sell Rating
- Dow Inc. price target raised to $28 from $23 at UBS
- Dow Inc. price target raised to $28 from $23 at Jefferies
- Dow Inc. Earnings Call: Cost Cuts, Cash, and Caution
