UBS raised the firm’s price target on Chart Industries (GTLS) to $225 from $188 and keeps a Buy rating on the shares. President Joe Biden introduced a pause for LNG export capacity development, which caused delays on multiple projects, and consistent with recent news reports, UBS believes there could be expedited approval of pending projects with the new administration, the analyst tells investors in a research note.
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Read More on GTLS:
- Chart Industries price target raised to $215 from $163 at Wells Fargo
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- Chart Industries shares can appreciate further, says Citi
- Chart Industries price target raised to $207 from $199 at Craig-Hallum
