BMO Capital Maintains Outperform on Air Products & Chemicals, Lowers Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst John McNulty has maintained an Outperform rating on Air Products & Chemicals (NYSE:APD) but lowered the price target from $307 to $250.

February 06, 2024 | 3:04 pm
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BMO Capital maintains an Outperform rating on Air Products & Chemicals but lowers the price target from $307 to $250.
While the maintenance of an Outperform rating suggests continued confidence in the company's performance, the reduction in the price target could indicate concerns about near-term challenges or market conditions that might affect the stock's value. This mixed signal could lead to neutral short-term price movement as investors weigh the positive rating against the lowered price expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100