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Fly News Breaks for August 12, 2016
APD
Aug 12, 2016 | 06:46 EDT
JPMorgan analyst Jeffrey Zekauskas upgraded Air Products and Chemicals to Overweight 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. The analyst raised his price target for the shares to $160 from $140.
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