Mizuho Maintains Buy on Air Products & Chemicals, Lowers Price Target to $295
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Christopher Parkinson maintains a Buy rating on Air Products & Chemicals (APD) but lowers the price target from $304 to $295.

February 06, 2024 | 7:19 pm
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Mizuho maintains a Buy rating on Air Products & Chemicals but lowers the price target from $304 to $295.
While the reduction in price target could suggest a slightly less optimistic outlook on APD's short-term price potential, the maintenance of a Buy rating indicates continued confidence in the company's fundamentals and long-term prospects. This mixed signal could lead to neutral short-term price movement as investors weigh the lowered price target against the reaffirmed positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 90