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Fly News Breaks for February 15, 2019
GTLS
Feb 15, 2019 | 09:44 EDT
As previously reported, Gabelli analyst Matthew Trusz downgraded Chart Industries to Hold from Buy, noting that the stock has increased 2.6x since he recommended it in October 2016. With the opportunity looking "increasingly priced in," Trusz made "purely a valuation-driven decision" to downgrade the stock and would look to revisit his recommendation should the shares decline to the low-$70 range, he tells investors.
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