Air Products & Chemicals Inc. (APD) PT Raised to $345 at Citi, Opens 90-Day Upside Catalyst Watch
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Go back to Air Products & Chemicals Inc. (APD) PT Raised to $345 at Citi, Opens 90-Day Upside Catalyst Watch
October 7, 2024 8:39 AM EDT
Jefferies analyst Laurence Alexander upgraded Air Products & Chemicals Inc. (NYSE: APD) from Hold to Buy with a price target of $364.00 (from $295.00).
The analyst comments "An activist stake, in our view, would give Air Products an opportunity to both reset its narrative... More
October 7, 2024 7:17 AM EDT
Evercore ISI analyst Stephen Richardson upgraded Air Products & Chemicals Inc. (NYSE: APD) from In Line to Outperform with a price target of $365.00 (from $305.00).
The analyst comments "Our view here has been substantive changes to APDs capital allocation and risk management approach were needed before confidence could return to the multiple. With a credible activist advocating for change we feel investors now have this backstop to what we see as a better-than-expected FY25... More
