On Nov 09, major Wall Street analysts update their ratings for $Air Products & Chemicals (APD.US)$, with price targets ranging from $315 to $365.
J.P. Morgan analyst Jeffrey Zekauskas maintains with a buy rating, and adjusts the target price from $350 to $345.
BofA Securities analyst Steve Byrne maintains with a buy rating, and adjusts the target price from $317 to $358.
Barclays analyst Michael Leithead maintains with a hold rating, and adjusts the target price from $295 to $315.
Wells Fargo analyst Michael Sison maintains with a hold rating, and maintains the target price at $330.
Evercore analyst Stephen Richardson maintains with a buy rating, and maintains the target price at $365.
Furthermore, according to the comprehensive report, the opinions of $Air Products & Chemicals (APD.US)$'s main analysts recently are as follows:
Air Products has taken measures to respond to investor queries on its earnings conference call. The company has conveyed expectations to start generating positive free cash flow by 2027, addressing concerns about the continuous negative cash flow generation within the industrial gas sector.
Following the fiscal Q4 report, there is a movement in the baseline fiscal 2025 earnings estimates, and management's strategy has been essentially reiterated. The market appears to be factoring in more optimistic prospects for activist success, as inferred from the stock's recent outperformance.
Here are the latest investment ratings and price targets for $Air Products & Chemicals (APD.US)$ from 6 analysts:
Note:
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