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Fly News Breaks for December 5, 2016
APD
Dec 5, 2016 | 06:18 EDT
Citi analyst P.J. Juvekar upgraded Air Products to Buy citing the company's "robust" balance sheet and plan to aggressively pursue acquisitions. Air Products has transformed itself into a pure-play gases company, Juvekar tells investors in a research note following his firm's Basic Materials conference. The analyst raised his price target for the shares to $165 from $139.
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