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Chart Industries reinstated with an Equal Weight at Barclays

Chart Industries reinstated with an Equal Weight at Barclays

Barclays reinstated coverage of Chart Industries with an Equal Weight rating and $193 price target. No longer a specialty supplier, the Howden deal has transformed Chart into a industrial energy company with upside from liquified natural gas, hydrogen and specialty markets, underpinned by a growing aftermarket business and steady industrial gas demand, the analyst tells investors in a research note.

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