Stifel Maintains Buy on Ashland, Lowers Price Target to $96-Report released on 10th Nov 2023
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Vincent Anderson has maintained a Buy rating on Ashland (NYSE:ASH) but reduced the price target from $110 to $96, as reported on November 10, 2023.
November 13, 2023 | 3:46 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Ashland but lowers the price target from $110 to $96, indicating a positive outlook with a reduced growth expectation.
While the Buy rating suggests continued confidence in Ashland's performance, the reduction in price target may reflect a tempered growth forecast or response to market conditions. This could lead to mixed reactions in the short term, as investors weigh the positive rating against the lower price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100