Bernstein Starts Dow Inc. (DOW) at Outperform
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Get Alerts DOW Hot Sheet
Price: $28.51 --0%
Rating Summary:
13 Buy, 15 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 33
Rating Summary:
13 Buy, 15 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 13 | Down: 10 | New: 33
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Bernstein analyst Jonas Oxgaard initiates coverage on upcoming spin-off Dow Inc. (NYSE: DOW) with a Outperform rating and a price target of $74.00.
- tightening ethylene markets will yield an upcycle in 2020
- Tactically, they see a compelling entry point in mid- to late-April, as they expect the stock to sell off immediately after the spin before it moves up
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