Chart Industries (GTLS – Research Report), the Industrials sector company, was revisited by a Wall Street analyst today. Analyst Daniel Kutz from Morgan Stanley maintained a Buy rating on the stock and has a $225.00 price target.
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Daniel Kutz has given his Buy rating due to a combination of factors that highlight Chart Industries’ strategic positioning and resilience. Despite the anticipated $50 million impact from tariffs, Chart Industries is actively mitigating these effects through strategic measures such as leveraging its global supply chain and focusing on in-region production. These efforts are aimed at reducing the financial burden of tariffs and preparing the company for various future scenarios.
Moreover, Chart Industries’ diverse portfolio, which includes gas, new energy, and digital solutions, positions it well in the current market cycle. The company’s ability to reiterate its FY25 guidance, despite the challenging tariff environment, underscores the strength and defensive nature of its portfolio. While estimates have been slightly lowered out of caution, the company’s solid fundamentals and strategic initiatives support a positive outlook, justifying the Buy rating.
In another report released on May 6, Seaport Global also reiterated a Buy rating on the stock with a $235.00 price target.