UPDATE: UBS Upgrades Praxair Inc. (PX) to Buy
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Jefferies Cuts Price Target on Praxair (PX) As FX Headwinds Effect EPS
February 1, 2016 9:09 AM ESTJefferies maintained a Buy rating on Praxair Inc. (NYSE: PX), and cut the price target to $115.00 (from $126.00), following the company's 4Q earnings report. Jefferies believes that, with FX headwinds pushing EPS towards 2011 levels, PX's 2016 performance hindges on new project announcements.
Analyst Laurence... More
Praxair (PX) Reports In-Line Q4 EPS
January 29, 2016 6:02 AM ESTPraxair (NYSE: PX) reported Q4 EPS of $1.47, in-line with the analyst estimate of $1.47. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.66 billion.
GUIDANCE:
Praxair sees FY2016 EPS of $5.30-$5.70, versus the consensus of $3.06.
For earnings history and earnings-related data on Praxair (PX) click here.
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