Analysts at Jefferies upgraded Ashland ASH from Hold to Buy.
The price target for Ashland has been raised from $123 to $147.
Ashland shares have jumped 23.77% over the past 52 weeks, while the S&P 500 index has surged 14.81% in the same period.
Ashland's shares rose 0.48% to close at $114.05 on Friday.
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