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Fly News Breaks for November 26, 2019
DOW
Nov 26, 2019 | 07:57 EDT
Cowen analyst Charles Neivert lowered his price target on Dow Inc. to $50 from $57 citing the macro environment coupled with further deterioration of fundamentals. . The analyst said it proposes a highly challenging risk profile for ethylene dependent shares with a meaningful downside potential over the next six months. Neivert does see a substantive recovery in 2021. Neivert maintained his Market Perform rating on Dow Inc. shares.
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