Dow Downgraded: Analyst Blames 'Perfect Storm' Of Weak Macro, High Costs, Trade Barriers
1. Bank of America downgraded DOW to Underperform, cutting price target to $28. 2. Analyst cites rising costs and trade barriers creating a 'perfect storm' for DOW. 3. Projected EBITDA for 2025 and 2026 reduced by 17% and 23%. 4. DOW's annual $2 billion dividend now at an increased risk. 5. Significant reliance on polyethylene exports presents revenue risks amid trade tensions.