Raymond James Downgrades Chart Industries to Outperform, Raises Price Target to $175
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Pavel Molchanov has downgraded Chart Industries (NYSE:GTLS) from Strong Buy to Outperform, while raising the price target from $160 to $175.

July 12, 2023 | 11:40 am
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NEUTRAL IMPACT
Chart Industries has been downgraded from Strong Buy to Outperform by Raymond James, but the price target has been raised from $160 to $175.
While the downgrade from Strong Buy to Outperform might initially seem negative, the increase in price target from $160 to $175 indicates a positive outlook for the company's stock. This mixed signal could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100