Linde price target raised to $418 from $402 at Citi

Citi analyst P.J. Juvekar raised the firm’s price target on Linde to $418 from $402 and keeps a Buy rating on the shares post the Q4 results. The analyst says the company executed well and raised its outlook. Winter weather in the U.S. during December led to sequentially lower volumes from on-site customers, which have recovered back to or above seasonal run-rates, the analyst tells investors in a research note.