Will This Price Target Increase Help Dow Chemical (dow) Stock Today?

twocents@thestreet.com (Shawn Ingram), The Street
Thu, 07/24/2014 - 6:22am

Story updated at 9:55 a.m. to reflect market activity. NEW YORK (TheStreet) -- Barclays raised its price target for Dow Chemical to $58 from $54 Thursday. Dow Chemical fell -0.7% to $53.79 in morning trading. The analyst firm reiterated its "equal weight" rating for the chemical company. Dow's pricing improved in all geographic regions according to Barclays analyst Duffy Fischer. "After recording solid earnings, and maintaining bullish outlook commentary, the stock is now trading at a level that could lead to triggering the convert of the preferred shares," Fischer wrote.

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Will This Price Target Increase Help Dow Chemical (dow) Stock Today?

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