Linde (LIN) to Supply Industrial Gases to World’s First Large-Scale Green Steel Plant

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Evercore ISI Comments on Linde (LIN)

May 3, 2024 6:16 AM EDT

Evercore ISI analyst Stephen Richardson reiterated an Outperform rating and $425.00 price target on Linde (NASDAQ: LIN).

The analyst comments "Conflicting and ambiguous datapoints have characterized macro indicators of global industrial activity over recent months. The challenge for LIN has been its history of performance defying periods of perceived economic weakness. So despite a solid 1Q beat of both consensus and company guidance, LINs... More