Goldman Boost PT on Praxair (PX), Maintains Neutral

Praxair, Inc. (NYSE: PX) recently closed an agreement to acquire NuCO2 INC. for $1.1 billion in cash, first announced on February 5th. Commenting on the deal, Goldman Sachs analyst Robert Koort said, based on PX's attractive financing costs, we expect investors to favorably view the near-immediate accretion of the deal.

Goldman Sachs today maintained a Neutral on Praxair Inc. (NYSE: PX) and raised its price target of $110.00 (from $107.00).

For an analyst ratings summary and ratings history on Praxair Inc. click here. For more ratings news on Praxair Inc. click here.

Shares of Praxair Inc. closed at $113.51 yesterday.

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