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Ashland (ASH) Gets a Buy from Seaport Global

Tipranks - Tipranks - Mon Jun 15, 8:44AM CDT

Seaport Global analyst Michael Harrison CFA maintained a Buy rating on Ashland today and set a price target of $90.00.

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According to TipRanks, Harrison CFA is a 3-star analyst with an average return of 3.1% and a 56.85% success rate. Harrison CFA covers the Basic Materials sector, focusing on stocks such as Ashland, Avient, and Minerals Technologies.

In addition to Seaport Global, Ashland also received a Buy from BMO Capital’s John McNulty in a report issued on June 10. However, on June 11, Morgan Stanley maintained a Hold rating on Ashland (NYSE: ASH).

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Based on Ashland’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $482 million and a net profit of $16 million. In comparison, last year the company earned a revenue of $479 million and had a net profit of $31 million

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