Bernstein Starts Dow Inc. (DOW) at Outperform

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March 26, 2019 8:24 AM EDT
Get Alerts DOW Hot Sheet
Price: $30.45 --0%

Rating Summary:
    15 Buy, 14 Hold, 2 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 17 | New: 1
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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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