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Fly News Breaks for February 3, 2020
LIN
Feb 3, 2020 | 04:59 EDT
Goldman Sachs analyst Robert Koort initiated coverage of Linde plc with a Neutral rating and $217 price target. The stock's bull case, underpinned by a consolidated industry structure, sustainably strong price gains, and a management team with a strong track record, is thoroughly reflected in the current valuation, Koort tells investors in a research note. He believes Linde's "strong" fundamentals are offset by a "rich" valuation.
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