Mizuho Maintains Neutral on Linde, Raises Price Target to $510
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst John Roberts has maintained a Neutral rating on Linde (NASDAQ:LIN) and increased the price target from $503 to $510.
March 26, 2024 | 12:06 pm
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NEUTRAL IMPACT
Mizuho analyst John Roberts maintains a Neutral rating on Linde and raises the price target from $503 to $510.
The adjustment in price target by Mizuho suggests a slight positive outlook on Linde's valuation, but the maintenance of a Neutral rating indicates that the analyst does not see significant short-term price movement. The increase in price target may reflect minor positive adjustments in valuation models or market conditions, but the neutral stance suggests that there are also factors or risks that prevent a more bullish rating. Therefore, the impact on the stock price is likely to be limited in the short term.
CONFIDENCE 95
IMPORTANCE 70
RELEVANCE 90