Ashland (ASH) Tops Q3 EPS by 12c

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Ashland (ASH) PT, Estimates Lowered at UBS; 'Buy' Maintained

November 4, 2015 8:12 AM EST

UBS analyst John Roberts reiterated a Buy rating on Ashland Inc. (NYSE: ASH) but trimmed his price target to $138.00 (from $141.00). The firm also cut FYSep16 from $8.40 to $7.65 as lower oil impacts non-Valvoline.

Roberts commented, "Valvoline doing an excellent job growing earnings in volatile oil... More