JPMorgan Cuts Dow Chemical (DOW) to Neutral, Maintains $36 Price Target

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Shares of Dow Chemical (NYSE: DOW) are trading very modestly lower in Tuesday morning's pre-open session following a downgrade from JPMorgan's Jeffrey Zekauskas. The analyst lowered his investment recommendation from Overweight to Neutral, but maintained a $36 price target.

With the stock last trading at $32.19, the JPMorgan analyst's price target implies potential upside of about 12 percent.

For an analyst ratings summary and ratings history on Dow Chemical click here. For more ratings news on Dow Chemical click here.

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