Linde price target raised to $375 from $350 at Wells Fargo

Wells Fargo analyst Michael Sison raised the firm’s price target on Linde to $375 from $350 and keeps an Overweight rating on the shares. The firm expects another year of nearly double digits EPS growth while most companies are seeing declines. Linde is a winner in the de-carbonization shift, with the IRA bill providing another +$30B in potential opportunities, Wells argues.