Citi analyst Patrick Cunningham raised the firm’s price target on Linde (LIN) to $475 from $450 and keeps a Buy rating on the shares. The firm is adjusting 2024 EPS estimates across specialty chemicals about 3% downward and trimming its lithium estimates, the analyst tells investors in a North America Specialty Chemicals and Industrial Gases 2024 outlook note. The firm’s new order of coverage top picks is PPG (PPG), Axalta Coating (AXTA) and Linde, the analyst noted.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on LIN:
- LIN, MCD: Top Analysts Love These “Strong Buy” Dividend Aristocrat Stocks
- Early notable gainers among liquid option names on December 12th
- Linde price target raised by $30 at Morgan Stanley, here’s why
- Linde assumed with a Buy at UBS
- Linde price target raised to $447 from $440 at HSBC
Questions or Comments about the article? Write to editor@tipranks.com