Longbow Research Downgrades Ashland Inc. (ASH) to Neutral
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Jefferies Cuts Numbers on Ashland (ASH)
March 27, 2013 8:45 AM EDTJefferies cut estimates and its price target on Ashland Inc. (NYSE: ASH) from $97 to $92 citing weaker demand.
"Weaker end-market demand prospects threaten both Ashland's incremental growth prospects and the likely timing of any asset divestitures, while less visibility could cap multiple expansion near-term," the... More
KeyBanc Maintains Buy, Cuts PT on Ashland (ASH)
March 25, 2013 2:24 PM EDTKeyBanc today maintained a Buy rating on Ashland Inc. (NYSE: ASH) but lowered its price target to $96.00 (from $103.00). The bank also lowered 2013 EPS estimates to $6.75 from $7.50 and 2014 estimates to $8.50 from $9.25.
"We are making steep cuts to our 2013 and 2014 EPS outlook to reflect weaker... More
