Linde price target raised to $510 from $503 at BMO Capital

BMO Capital analyst John McNulty raised the firm’s price target on Linde (LIN) to $510 from $503 and keeps an Outperform rating on the shares after its Q4 results. The company’s pricing is leaning to an acceleration, its backlog is growing, and with distractions at a peer, Linde is poised for near/long-term upside to numbers, the analyst tells investors in a research note.