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Dow Chemical (DOW -2.2%) is downgraded to Neutral from Overweight at J.P. Morgan, which sees the...
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Tuesday, June 26, 2012, 2:19 PM ETDow Chemical (DOW -2.2%) is downgraded to Neutral from Overweight at J.P. Morgan, which sees the company as the most expensive of its peers and likely contains the highest earnings risk. The firm maintains its $36 price target on the shares; it believes LYB, WLK and EMN offer more attractive exposure to the sector.
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