Barclays lowered the firm’s price target on Chart Industries (GTLS) to $145 from $146 and keeps an Equal Weight rating on the shares. The company is on a path to being recognized as an industrial energy company, but another guide down and a mixed order book are likely to keep investors on the sidelines, the analyst tells investors in a research note.
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Read More on GTLS:
- Chart Industries Sees Strong Q3 Growth and Positive Outlook
- Chart Industries reports Q3 adjusted EPS $2.18, consensus $2.48
- Chart Industries sees FY24 adjusted EPS ~$9.00, consensus $10.45
- Chart Industries sees FY25 adjusted EPS ~$12.00-$13.00, consensus $12.53
- GTLS Earnings Report this Week: Is It a Buy, Ahead of Earnings?