Linde price target raised to $463 from $440 at Argus

Argus analyst Bill Selesky raised the firm’s price target on Linde to $463 from $440 and keeps a Buy rating on the shares. The company’s Q2 higher than expected earnings largely reflected higher pricing and a stronger product mix, which more than offset the impact of asset divestitures, negative cost pass-throughs, and unfavorable currency translation, the analyst tells investors in a research note.