Dow Inc. price target raised to $55 from $51 at Mizuho

Mizuho analyst Christopher Parkinson raised the firm’s price target on Dow Inc. to $55 from $51 and keeps a Neutral rating on the shares after meeting with management. Supply chain destocking also appears over, with Dow’s orders appearing to match end demand, the analyst tells investors in a research note. The firm adds to the company’s balance sheet “remains in excellent condition.”