Morgan Stanley raised the firm’s price target on Ashland (ASH) to $63 from $60 and keeps an Equal Weight rating on the shares. Following fiscal Q1 reporting, the firm says higher peer multiples offset a modest revision to FY26 EBITDA estimates, accounting for its raised target.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ASH:
- Ashland price target raised to $73 from $70 at UBS
- Ashland price target lowered to $70 from $77 at JPMorgan
- Ashland price target raised to $70 from $58 at Deutsche Bank
- Ashland Global Earnings Call: Margins Hold Amid Disruptions
- Ashland: Stabilizing Fundamentals, Portfolio Streamlining, and Activist Upside Support Buy Rating