BMO Capital analyst John McNulty raised the firm’s price target on Linde (LIN) to $507 from $501 and keeps an Outperform rating on the shares. The company is entering 2026 with a stronger backlog and continued momentum from pricing that should help to offset continued weakness in the broader macro as well as a slightly slower ramp in the OCI/Woodside project, the analyst tells investors in a research note.
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