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.
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- Chart Industries shares can appreciate further, says Citi
- Chart Industries price target raised to $207 from $199 at Craig-Hallum
- Chart Industries price target raised to $200 from $198 at Stifel
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