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APD

Air Products

$130.24

-2.57 (-1.94%)

09:49
10/13/16
10/13
09:49
10/13/16
09:49

Air Products signs MOU to work on hydrogen fueling projects in China

Air Products and the National Institute of Clean-and-Low-Carbon Energy announced the signing of a Memorandum of Understanding that outlays a collaborative effort to potentially work together on hydrogen fueling projects in China. The companies agree in the MOU to jointly explore hydrogen fueling projects, and to identify low cost hydrogen production and distribution solutions for each project.

  • 27

    Oct

APD Air Products
$130.24

-2.57 (-1.94%)

08/12/16
08/12/16
UPGRADE

On The Fly: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: Alibaba (BABA) upgraded to Strong Buy from Outperform at Raymond James, to Outperform from Neutral at Macquarie, and to Conviction Buy from Buy at Goldman. 2. Foot Locker (FL) upgraded to Buy from Neutral at B. Riley with analyst Mitchel Kummetz citing continued strength in athletic footwear. 3. NVIDIA (NVDA) upgraded to Outperform from Sector Perform at RBC Capital with analyst Mitch Stevens saying the company reported " blow out" results, as its data center business beat expectations by a significant amount. 4. BlackBerry (BBRY) upgraded to Outperform from Market Perform at Raymond James with analyst Steven Li saying BlackBerry's narrative is shifting towards software and sees 80% recurring revenues, 15% organic growth, and 30% Earnings Before Interest Tax Depreciation and Amortization margins. Given the profit growth and profitability profile of software, Li raised BlackBerry's price target to $10.50 from $8. 5. Air Products (APD) upgraded to Overweight from Neutral at JPMorgan with analyst Jeffrey Zekauskas saying the company is likely to have a "far stronger" capital structure following the close of the sale of its Performance Materials business and the spin of Versum Materials to its shareholders. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
09/19/16
OPCO
09/19/16
INITIATION
Target $28
OPCO
Outperform
Versum Materials initiated with an Outperform at Oppenheimer
Oppenheimer analyst Ian Zaffino initiated Versum Materials (VSM) with an Outperform rating and $28 target, saying the stock will offer a play on the proliferation of consumer devices, increasingly complex semiconductor design and an industry that has become less cyclical when the separation from Air Products (APD) is completed. Air Products previously said it expects "regular way" trading of Versum common stock to begin on the NYSE on October 3.
09/23/16
JEFF
09/23/16
INITIATION
Target $26
JEFF
Hold
Versum Materials initiated with a Hold at Jefferies
Jefferies analyst Laurence Alexander started then when issued shares of Versum Materials (VSM) with a Hold rating and $26 price target. The company is being spun off from Air Products (APD).
09/30/16
ATLE
09/30/16
UPGRADE
ATLE
Neutral
Air Products upgraded to Neutral from Underweight at Atlantic Equities

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TRCO

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HESM

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NVO

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BDRBF

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DAL

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TSLA

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5.44 (1.76%)

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TSLA

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5.44 (1.76%)

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CMCSA

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DIS

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SNE

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TWX

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ELLO

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GLPG

Galapagos NV

$86.86

0.87 (1.01%)

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SO

Southern Company

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-0.27 (-0.54%)

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CG

Carlyle Group

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0.2 (1.14%)

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IBM

IBM

$160.29

-0.03 (-0.02%)

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GRAM

Grana y Montero

$3.37

0.07 (2.12%)

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KO

Coca-Cola

$43.15

0.14 (0.33%)

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