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Evercore ISI Keeps Their Hold Rating on Ashland (ASH)

Tipranks - Tipranks - Fri Feb 6, 5:38AM CST

In a report released yesterday, Eric Boyes from Evercore ISI maintained a Hold rating on Ashland, with a price target of $53.00. The company’s shares closed yesterday at $64.57.

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According to TipRanks, Boyes is an analyst with an average return of -0.5% and a 40.00% success rate. Boyes covers the Basic Materials sector, focusing on stocks such as RPM International, Air Products and Chemicals, and Ashland.

Currently, the analyst consensus on Ashland is a Moderate Buy with an average price target of $66.33, a 2.73% upside from current levels. In a report released on February 3, TipRanks – OpenAI also reiterated a Hold rating on the stock with a $64.00 price target.

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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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