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Dow Chemical Downgraded – Zacks Tale of the Tape
Zacks Market Commentaries (October 13th, 2008) Writes:
Analysts downgraded Dow Chemical Co. (DOW) on Monday and trimmed the chemical bellwether's EPS estimates on possibilities of near-term weakness. The stock gained 4.18% in the morning.According to analysts, the consensus earnings estimates for the third quarter -- 64 cents per share -- and the outlook for 2009 look too high. There are also concerns over the Rohm and Haas (ROH) acquisition. The shares of ROH are up over 11% since morning.
"DOW" Free Stock Analysis: Buy? Sell? Hold?"ROH" Free Stock Analysis: Buy? Sell? Hold?Zacks Investment Research
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