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Chart Industries downgraded to Neutral from Buy at UBS

UBS analyst Manav Gupta downgraded Chart Industries (GTLS) to Neutral from Buy with a price target of $210, down from $225, after the company agreed to be acquired by Baker Hughes (BKR) for $210 per share in cash. The firm believes Chart shares will trade on deal dynamics, rather than fundamentals, and expects the deal to close.

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