Jefferies Maintains a 'Buy' on Airgas (ARG); Momentum Hinges on IP & SAP Following In-line Results
ARG Hot Sheet
Rating Summary:13 Buy, 2 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 20 | Down: 11 | New: 38
Jefferies maintains a 'Buy' on Airgas (NYSE: ARG), price target raised from $82 to $93.
Jefferies analyst says, "Following an in-line Q3 and modestly optimistic view on Q4, we expect Airgas shares to be range-bound near-term. We are trimming 2012E $0.03 to $4.07, but, giving credit for half of the targeted SAP (NYSE: SAP) savings, raising 2013E $0.20 to $4.50 and setting 2014E at $5.95."
For an analyst ratings summary and ratings history on Airgas click here. For more ratings news on Airgas click here.
Shares of Airgas closed at $78.67 yesterday, with a 52 week range of $58.00-$81.62.
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Jefferies analyst says, "Following an in-line Q3 and modestly optimistic view on Q4, we expect Airgas shares to be range-bound near-term. We are trimming 2012E $0.03 to $4.07, but, giving credit for half of the targeted SAP (NYSE: SAP) savings, raising 2013E $0.20 to $4.50 and setting 2014E at $5.95."
For an analyst ratings summary and ratings history on Airgas click here. For more ratings news on Airgas click here.
Shares of Airgas closed at $78.67 yesterday, with a 52 week range of $58.00-$81.62.
Discover Wall Street's best ratings calls with the pros - Ratings Insider Elite. Free Trial!
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