Barclays lowered the firm’s price target on Chart Industries (GTLS) to $145 from $146 and keeps an Equal Weight rating on the shares. The company is on a path to being recognized as an industrial energy company, but another guide down and a mixed order book are likely to keep investors on the sidelines, the analyst tells investors in a research note.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GTLS:
- Chart Industries Sees Strong Q3 Growth and Positive Outlook
- Chart Industries reports Q3 adjusted EPS $2.18, consensus $2.48
- Chart Industries sees FY24 adjusted EPS ~$9.00, consensus $10.45
- Chart Industries sees FY25 adjusted EPS ~$12.00-$13.00, consensus $12.53
- GTLS Earnings Report this Week: Is It a Buy, Ahead of Earnings?