Lake Street analyst Robert Brown says Chart Industries lowered its 2019 and 2020 outlook last night as large liquefied natural gas projects have shifted out a couple of quarters and the Air-X business saw a material softening. However, order rates for LNG equipment remain high and core growth at D&S is expected to sustain at 7%-8%, above the 2%-5% rate at which this business has historically grown, Brown tells investors in a research note. Further, he thinks the estimate reset is already priced into the shares. The analyst reiterates a Buy rating on Chart Industries with a $109 price target.

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.