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Analyst Upgrades Dow, Calls Capex Cut And Asset Sales Positive
DOWDow(DOW) Benzinga·2025-04-26 03:12

Fermium Research analyst Frank J. Mitsch upgraded Dow Inc. DOW from Hold to Buy at a price forecast of 35.OnThursday,thecompanyreportedbetter−than−expected first−quarter2025salesof35.On Thursday, the company reported better-than-expected first-quarter 2025 sales of 10.431 billion, beating the consensus of 10.24billion,andadjustedEPSof10.24 billion, and adjusted EPS of 0.02, beating the consensus estimate of a 0.01loss.TheanalystviewsDow’sdecisiontopostponetheFt.SaskatchewanPath2Zeroproject,whichisexpectedtoyieldanadditional0.01 loss.The analyst views Dow’s decision to postpone the Ft. Saskatchewan Path2Zero project, which is expected to yield an additional 600 million in capex savings in 2025, as a significant positive ...