Linde price target raised to $400 from $380 at Barclays

Barclays analyst Michael Leithead raised the firm’s price target on Linde to $400 from $380 and keeps an Overweight rating on the shares. Linde’s Q1 results demonstrated why investors like the company: earnings resilience, a clear and disciplined capital allocation framework, and "stability in a choppy world," the analyst tells investors in a research note.