Barclays analyst J. David Anderson lowered the firm’s price target on Chart Industries (GTLS) to $169 from $171 and keeps an Equal Weight rating on the shares as part of a Q2 preview for the energy services group. The firm says investor sentiment is poor and second half of 2025 outlooks will likely be revised lower, pulling down 2026 consensus estimates. However, the possible final cut to estimates may be a catalyst for shares, “considering highly attractive valuations and the potential for the macro to turn positive later this year,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- 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 GTLS:
- Chart Industries: Balancing Growth Opportunities with Financial and Operational Risks Amidst Macroeconomic Uncertainties
- Flowserve well positioned for solid earnings, says Citi
- Jefferies positive on Flowserve merger, sees path to $70 per share
- Morgan Stanley Says These 2 Stocks Are Top Picks for the Second Half of 2025
- Chart Industries named a ‘Top Pick’ at Morgan Stanley