Morgan Stanley analyst Daniel Kutz lowered the firm’s price target on Chart Industries (GTLS) to $225 from $250 and keeps an Overweight rating on the shares. Chart was “the lone company” among the analyst’s coverage to reiterate consolidated FY25 guidance in Q1, which the firm calls “a testament to the value its defensive, diverse portfolio offers at this point in the cycle.” The firm lowered its estimates and price target modestly “out of conservatism,” the analyst noted.
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Read More on GTLS:
- Chart Industries: Strategic Resilience and Diverse Portfolio Justify Buy Rating Despite Tariff Challenges
- Chart Industries Forms Co-Investment Agreement with MSD Partners
- Chart Industries Announces Retirement of Chief Accounting Officer
- Chart Industries price target raised to $171 from $160 at Barclays
- Chart Industries: Strong Financial Performance and Promising Outlook Justify Buy Rating
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