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Fly News Breaks for January 27, 2017
PX
Jan 27, 2017 | 05:45 EDT
JPMorgan analyst Jeffrey Zekauskas upgraded Praxair to Overweight saying the Trump administration's plans to revitalize American manufacturing should benefit industrial gas companies. The analyst adds that the shares have underperformed the S&P 500 Index by 65 percentage points over a five year period and that Praxair's key Brazilian market is stabilizing. He raised his price target for the stock to $125 from $110.
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