Redburn Atlantic Downgrades Air Products & Chemicals to Sell, Announces $240 Price Target
Portfolio Pulse from Benzinga Newsdesk
Redburn Atlantic analyst Colin Isaac has downgraded Air Products & Chemicals (NYSE:APD) from Buy to Sell and set a new price target of $240.
November 17, 2023 | 10:03 am
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Redburn Atlantic has downgraded Air Products & Chemicals from Buy to Sell, significantly altering its investment outlook with a new price target of $240.
The downgrade from Buy to Sell by a prominent analyst is a strong negative signal that can affect investor sentiment and potentially lead to a decrease in the stock price. The announcement of a specific price target provides a benchmark that may influence market expectations and trading behavior in the short term.
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IMPORTANCE 90
RELEVANCE 100