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Fly News Breaks for November 8, 2019
LIN, APD
Nov 8, 2019 | 09:09 EDT
Deutsche Bank analyst David Begleiter raised his price target for Air Products (APD) to $260 from $250 saying the company's guidance of 14%-17% earnings growth in 2020 exceeds expectations. The analyst views Air Products' valuation discount to Linde plc (LIN) as unwarranted and he reiterates a Buy rating on the shares.