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Fly News Breaks for February 23, 2018
GTLS
Feb 23, 2018 | 09:05 EDT
Lake Street analyst Robert Brown raised his price target for Chart Industries to $64 from $59 citing improving order trends following the company's "strong" Q4 results. Investors continue to underappreciate the improving trends and earnings power at Chart, Brown tells investors in a post-earnings research note. He believes 2018 is setting up for an inflection point in the company's backlog and keeps a Buy rating on the shares.
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