Barclays lowered the firm’s price target on Dow Inc. to $57 from $58 and keeps an Equal Weight rating on the shares. This earnings season presents an “interesting crossroads” in the chemicals and packaging sector: softer near-term data versus “the tease” of a 2025 recovery with China stimulus and rate cuts, the analyst tells investors in a research note. The firm thinks the “cyclical ambitions priced into the stocks are high” and it remains more defensive in its recommendations within the group.
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