Evercore ISI analyst Stephen Richardson raised the firm’s price target on Air Products to $305 from $295 and keeps an In Line rating on the shares. The analyst also added the shares to the firm’s "Tactical Outperform" list. Air Products has underperformed peer Linde (LIN) by 16% post the Q4 prints during the month of February, and now trades at a 3-times valuation discount, the analyst tells investors in a research note. The firm says the base industrial gas business will drive results into 2025.
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