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.

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