Bank of America Upgrades Dow to Neutral as Chemical Prices Improve
Photo: TokenPost
Bank of America Securities raised Dow Inc. (DOW) from Underperform to Neutral amid firmer chemical prices, expectations of prolonged energy inflation and signs of steadier earnings. Dow’s net sales rose 20% year over year to $12.1 billion in the second quarter. Higher polyethylene prices across all regions helped drive the increase. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
