Barclays lowered the firm’s price target on Air Products (APD) to $325 from $355 and keeps an Overweight rating on the shares. While the Q1 reset “hurt,” the stock thesis “looks compelling from here,” the analyst tells investors in a research note. The firm says Air Products now has “everything out on the table” and a strong underlying business model.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APD:
- Air Products Faces Challenges Amid Strategic Shifts
- Air Products Faces Challenges with Strategic Refocus
- Air Products reports Q2 adjusted EPS $2.69, consensus $2.83
- Air Products sees Q3 adjusted EPS $2.90-$3.00, consensus $3.28
- Air Products cuts FY25 adjusted EPS view to $11.85-$12.15 from $12.70-$13.00