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Ashland (ASH) Receives a Buy from BMO Capital
In a report released today, John McNulty from BMO Capital maintained a Buy rating on Ashland, with a price target of $71.00.
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McNulty covers the Basic Materials sector, focusing on stocks such as LyondellBasell, Dow Inc, and RPM International. According to TipRanks, McNulty has an average return of 4.2% and a 50.61% success rate on recommended stocks.
Ashland has an analyst consensus of Moderate Buy, with a price target consensus of $65.56.
Based on Ashland’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $386 million and a GAAP net loss of $12 million. In comparison, last year the company earned a revenue of $405 million and had a GAAP net loss of $165 million
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