Mizuho raised the firm’s price target on Air Products to $360 from $308 and keeps an Outperform rating on the shares after activist Mantle Ridge announced a $1B stake. The firm believes activist involvement has the potential to unlock value, which would narrow Air Products’s valuation gap with Linde
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APD:
- Arcadium confirms Rio approach, Apollo funds to acquire Barnes: Morning Buzz
- Early notable gainers among liquid option names on October 7th
- Air Products upgraded to Buy from Hold at Jefferies
- Apple, Amazon downgraded: Wall Street’s top analyst calls
- Citi ups Air Products target, opens ‘positive catalyst watch’