BofA raised the firm’s price target on Air Products (APD) to $305 from $303 and keeps a Neutral rating on the shares. After a fiscal Q2 beat, the firm sees guidance as “conservative” and sees “ample levers to deliver on targets,” but ultimately thinks EPS could still fall short of double-digit growth.
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Read More on APD:
- Air Products price target raised to $345 from $330 at Mizuho
- Air Products price target raised to $330 from $310 at JPMorgan
- Air Products upgraded to Outperform from Market Perform at BMO Capital
- Air Products Earnings Call Highlights Growth Amid Risks
- Air Products sees Q3 adjusted EPS $3.25-$3.35, consensus $3.32