Stifel analyst Benjamin Nolan lowered the firm’s price target on Chart Industries to $198 from $199 and keeps a Buy rating on the shares. LNG prices have been reasonably strong throughout the quarter, which has a “modest upward impact” on earnings estimates with commodity price exposure, says the analyst, who expects continued healthy downstream activity and the potential for U.S. FIDs in the next six months, should restrictions be lifted.
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