Dow Chemical's margins hit decade high on pre-merger cost-cutting
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Jefferies Raises Price Target on Dow Chemical (DOW) Following 1Q Earnings Report
May 2, 2016 9:13 AM EDTJefferies reiterated a Hold rating on Dow Chemical (NYSE: DOW), and raised the price target to $58.00 (from $54.00), following the company's 1Q earnings report. DOW reported a $0.05 beat over forecasts, as EBITDA missed by $0.01. Jefferies cut Q2 EPS estimates $0.07 to $0.84 primarily to reflect more cautious assumptions... More
