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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