Stifel Maintains Buy on Chart Industries, Lowers Price Target to $220
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Benjamin Nolan maintains a Buy rating on Chart Industries (GTLS) but lowers the price target from $224 to $220.

May 06, 2024 | 5:40 pm
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NEUTRAL IMPACT
Stifel maintains a Buy rating on Chart Industries, with a reduced price target from $224 to $220.
The adjustment in price target by Stifel reflects a slight change in valuation expectation for Chart Industries, though the Buy rating indicates continued confidence in the company's performance. The reduction in price target is minor, suggesting that the overall investment thesis remains strong but acknowledges some adjustments to market conditions or company prospects. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100