UBS raises Ashland's target price to $116, while Jefferies and Wells Fargo also upgrade their views.
UBS Group raised Ashland's (NYSE: ASH) target price from $114.00 to $116.00, keeping its buy rating on the basic materials company. Other analysts also upgraded their views on ASH, including Jefferies Financial Group raising its target price to $126.00 and Wells Fargo & Company raising its stock rating from an equal weight rating to an overweight rating with a $112.00 price objective. Ashland reported $1.27 EPS for its latest quarter, exceeding analysts' consensus estimates of $1.14 by $0.13.
May 05, 2024
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