Citi analyst Patrick Cunningham raised the firm’s price target on Air Products (APD) to $320 from $295 and keeps a Buy rating on the shares. The firm is adjusting 2024 EPS estimates across specialty chemicals about 3% downward and trimming its lithium estimates, the analyst tells investors in a North America Specialty Chemicals and Industrial Gases 2024 outlook note. The firm’s new order of coverage top picks is PPG (PPG), Axalta Coating (AXTA) and Linde (LIN), the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on APD:
- Air Products price target lowered by $30 at Morgan Stanley, here’s why
- Air Products files automatic mixed securities shelf
- Fly Insider: Air Products, Amgen among this week’s notable insider trades
- Air Products downgraded to Sell from Buy at Redburn Atlantic
- Air Products Declares Quarterly Dividend
Questions or Comments about the article? Write to editor@tipranks.com