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Chart Industries Q2 impressive, but growth just starting, says Craig-Hallum. Craig-Hallum analyst Eric Stine raised his price target for Chart Industries to $91 from $89 and reiterates a Buy rating on the shares following the company's "impressive" Q2 results. The better than expected quarter again demonstrated "loud and clear" the "positive and accelerating trends" across the company's three business segments, Stine tells investors in a research note. The analyst points out that Chart's orders grew sequentially for the sixth consecutive quarter. He believes "this is just the start" for the company as many of its end markets are still at early stages of growth. Chart remains at the "very front end" of the current LNG market upcycle and the next LNG project wave, Stine writes.

Chart Industries abrupt CEO change 'not a big deal,' says Raymond James. Raymond James analyst Pavel Molchanov notes that Chart Industries announced a rather sudden CEO change, with Bill Johnson leaving and being replaced by current CFO Jillian Evanko. The analyst points out that this is "obviously an abrupt departure," but his understanding of the situation is that this is a normal management change, and "nothing nefarious." Molchanov reiterates a Market Perform rating on the shares.

Chart Industries price target raised to $90 from $71 at Lake Street. Lake Street analyst Robert Brown raised his price target for Chart Industries to $90 following the company's analyst day. New management has focused on cost efficiencies, synergies, growth from new products and targeted acquisitions, which has put the company on a "strong earnings growth path," Brown tells investors in a research note. He believes the Street underappreciates the potential of the core business and upside from large LNG orders, which he thinks are likely in early 2019. The analyst keeps a Buy rating on Chart Industries.