Dow Inc. price target lowered to $45 from $46 at Mizuho

Mizuho analyst Christopher Parkinson lowered the firm’s price target on Dow Inc. to $45 from $46 and keeps a Neutral rating on the shares. The analyst reduced estimates for Dow on the "deteriorating" macro outlook. The China re-opening process should support volumes in 2023, but the resilience of the U.S. consumer is waning, the analyst tells investors in a research note.