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Air Products price target lowered to $325 from $350 at RBC Capital

RBC Capital lowered the firm’s price target on Air Products (APD) to $325 from $350 but keeps an Outperform rating on the shares. The stock rallied after earnings on increased confidence around its turnaround plan, though the firm is cutting its price target pending more updates on LA Blue, the analyst tells investors in a research note.

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