UBS Initiates Ashland With Buy

Analysts at UBS initiated coverage on shares of Ashland

with a Buy rating. The target price for Ashland is set to $130. Ashland shares have surged 14.58% over the past 52 weeks, while the S&P 500 index has gained 12.49% in the same period. Ashland's shares dropped 1.14% to close at $99.46 yesterday.