Dow Inc. (DOW) Surges 9.3% as Citi Hikes Price Target by 43%

Dow Inc. (NYSE:DOW) is one of the 10 Stock Winners in a Brutal Market.

Dow saw its share prices jump by 9.34 percent on Thursday to close at $37.58 apiece, after Citigroup turned bullish for its stock, raising its rating and price target by 43 percent.

In a market report on the same day, Citigroup issued a new price target of $40 for Dow Inc. (NYSE:DOW), markedly higher than the $28 previously, while recommending investors now to “buy” instead of staying “neutral” prior.

The coverage reflected its expectations that the company would benefit from the ongoing tensions in the Middle East amid supply disruptions and higher oil prices that could boost margins for North American chemical producers with access to low-cost natural gas feedstocks.

Dow Inc. (DOW) Surges 9.3% as Citi Hikes Price Target by 43%

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Citigroup also expects Dow Inc. (NYSE:DOW) now to grow its earnings before interest, tax, depreciation, and amortization by 22 percent.

The investment firm, however, underscored that duration of the conflict remains uncertain, but chemical prices are expected to remain elevated amid continued logistics bottlenecks, supply disruptions, and low inventory.

In other news, Dow Inc. (NYSE:DOW) is set to pay tomorrow, March 13, dividends amounting to $0.35 per share to all its shareholders on record as of February 27, 2026.

It said that it would mark the 458th consecutive dividend paid by the company or its affiliates since 1912.

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