** Argus Research raises PT on paint supplier Air Products APD.N to $316 from $265
** The new PT represents a premium of 10.4% to the stock's last close
** Brokerage says that while the near-term environment has been challenging with industrial demand weakness and high input costs, it expects conditions to improve through the next year
** "We think the shares still offer value and like the combination of improving fundamentals and higher earnings potential," adds brokerage
** 14 of 25 brokerages rate the stock "buy" or higher and 11 "hold"; median PT is $314.54 - data compiled by LSEG
** As of last close, APD up ~16% YTD
(Reporting by Dharna Bafna in Bengaluru)
((dharna.bafna@thomsonreuters.com))
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments