Wells Fargo Maintains Overweight on Chart Industries, Lowers Price Target to $146
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Chart Industries (NYSE:GTLS) but lowers the price target from $151 to $146.
October 03, 2024 | 7:00 pm
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Wells Fargo's analyst Roger Read continues to rate Chart Industries as Overweight, indicating a positive outlook, but has reduced the price target from $151 to $146, suggesting a slight decrease in expected valuation.
The Overweight rating suggests a positive outlook, but the lowered price target indicates a tempered expectation of growth or valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100