Wells Fargo Upgrades Chart Industries to Overweight, Raises Price Target to $224
Portfolio Pulse from richadhand@benzinga.com
Wells Fargo analyst Roger Read has upgraded Chart Industries (NYSE:GTLS) from Equal-Weight to Overweight and raised the price target from $162 to $224.
August 09, 2023 | 11:59 am
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Chart Industries' stock has been upgraded to Overweight by Wells Fargo, with a raised price target of $224.
The upgrade from Equal-Weight to Overweight by Wells Fargo indicates a positive outlook for Chart Industries. The raised price target from $162 to $224 suggests that the analyst expects the stock to perform well in the short term. This could lead to increased investor interest and potentially a rise in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100