Citi Downgrades Dow to Neutral with Lower Price Target
Citi has revised its outlook on Dow Inc. (ISIN US2605571031), lowering its price target and adjusting its rating. On September 30, 2026, the investment bank cut its target for Dow stock from USD 35.00 to USD 30.00 and downgraded the stock from "Buy" to "Neutral." The change comes amid concerns over weaker demand and limited upside for polyethylene prices, according to Markets Insider.
Dow reported a 20.00 percent increase in revenue to USD 12.09 billion in the second quarter of 2026. Despite this positive financial performance, Citi's revised valuation reflects a more cautious view of the company's future prospects. The new target price of USD 30.00 is 7.69 percent below Citi's previous target of USD 32.50.
On October 5, 2026, Dow stock was trading at EUR 24.85 at Lang & Schwarz, slightly down from EUR 24.86. The market reaction to Citi's downgrade remains to be seen, but the reduced price target suggests a more conservative outlook for the stock's near-term performance.