tiprankstipranks
Chart Industries price target raised to $215 from $163 at Wells Fargo
The Fly

Chart Industries price target raised to $215 from $163 at Wells Fargo

Wells Fargo raised the firm’s price target on Chart Industries (GTLS) to $215 from $163 and keeps an Overweight rating on the shares. The firm notes that the company’s molecule agnostic “it’s a gas, gas, gas” offerings remain well-positioned across the Energy Transition & Energy Security themes. Significant potential gross margin uplift warrants an expanded multiple, says Wells.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App