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Fly News Breaks for March 22, 2019
GTLS
Mar 22, 2019 | 09:46 EDT
After Chart Industries announced it has booked a $135M equipment order for its Calcasieu Pass LNG export project, Craig-Hallum analyst Eric Stine said he thinks this is the start of more LNG project activity in the industry and for Chart, which he views as being "in a much better position than in past cycles." Stine, who expects LNG activity to accelerate and for Chart to be "a major participant," raised his price target on the stock to $117 from $107 and keeps a Buy rating on the shares.
News For GTLS From the Last 2 Days
GTLS
Apr 18, 2024 | 05:13 EDT
Morgan Stanley resumed coverage of Chart Industries with an Equal Weight rating and $200 price target. The company has realigned its portfolio toward higher growth, more stable end markets, leaving it well positioned to execute on "robust" growth targets, the analyst tells investors in a research note. However, on the firm's relative ratings drivers, Chart screens inline versus peers.