NEW YORK (TheStreet) -- Dow Chemical (DOW) - Get Report stock price target was increased to $56 per share from $50 per share at Credit Suisse this morning.

The firm reiterated its "outperform" rating on the stock, given the consolidation of its joint ventures, the acquisition of Dow Corning and the company's transition to more specialized, higher margin products. 

Additionally, Dow Chemical will likely benefit from low input prices through 2017, its cost-cutting program and the long-term value expected through its DuPont (DD) merger, Credit Suisse added. 

Based in Midland, MI, Dow Chemical is an integrated science and technology company

Shares closed up by 0.27% to $51.32 in Thursday's trading session. 

(Dow Chemical is held in Jim Cramer's charitable trust Action Alerts PLUS. See all of his holdings here.)

Separately, TheStreet Ratings team rates the stock as a "buy" with a ratings score of A-.

Dow Chemical's strengths such as its solid stock price performance, compelling growth in net income, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and notable return on equity outweigh the fact that the company shows weak operating cash flow.

You can view the full analysis from the report here: DOW

TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this article's author. 

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