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DOW (NYSE:DOW) Downgraded by BMO Capital Amid Market Volatility
Despite a downgrade by BMO Capital to "Underperform," DOW (NYSE:DOW), a leading chemical industry player, has seen a slight increase in its stock price. The downgrade, reported by Benzinga on May 22, 2025, comes amidst a backdrop of falling US initial jobless claims and anticipated softness in broader US stock indices.
- BMO Capital downgraded DOW to "Underperform" with a stock price of $28.73.
- Despite the downgrade, DOW's stock price slightly increased to $28.77, showing resilience.
- The broader US stock indices, including NASDAQ, S&P 500, and Dow Jones, are expected to experience some softness, potentially impacting DOW's performance.
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