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Fly News Breaks for July 12, 2019
ASH
Jul 12, 2019 | 07:57 EDT
Credit Suisse analyst Christopher Parkinson maintains an Outperform rating and $92 price target on Ashland Global Holdings ahead of its quarterly results, telling investors in a research note that industrial end-markets were "sluggish at best" during calendar Q2 and that he is "muting" his expectation for growth in coatings, adhesives and industrial substrates. While he sees a weaker Q3, Parkinson says his long-term bull thesis is intact.
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