Wells Fargo Maintains Equal-Weight on Ashland, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Ashland (NYSE:ASH) and increased the price target from $80 to $100.

February 01, 2024 | 1:49 pm
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Wells Fargo analyst Michael Sison has maintained an Equal-Weight rating on Ashland and raised the price target from $80 to $100.
The increase in price target from $80 to $100 by Wells Fargo indicates a positive outlook on Ashland's stock, suggesting potential upside. This could lead to increased investor interest and a short-term positive impact on the stock price. The maintenance of an Equal-Weight rating, however, suggests that while the outlook is positive, there may be factors that prevent a more bullish stance, such as market conditions or company-specific risks.
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