Linde (LIN) PT Lowered to $330 at Cowen

Cowen analyst Marc Bianchi lowered the price target on Linde (NYSE: LIN) to $330.00 (from $345.00) while maintaining a Market Perform rating.

The analyst commented, "We're updating our model to reflect 4Q21 results and updated guidance as of LIN's 4Q21 report. Our EBITDA estimates move ~1-2% higher and our EPS is above the midpoint of guidance reflecting assumed volume growth. While we see a favorable estimate set up and expect continued solid execution, our target offers relatively modest upside."

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