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Chart Industries price target lowered to $200 from $215 at Citi

Citi lowered the firm’s price target on Chart Industries to $200 from $215 and keeps a Buy rating on the shares. The stock fell 25% on Friday as the company posted its second straight miss, the analyst tells investors in a research note. The firm believes should present conservative guidance and update when circumstances change in order to improve investor confidence. However, Citi says the stock’s risk/reward “appears positive.”

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