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Fly News Breaks for January 27, 2020
APD
Jan 27, 2020 | 08:45 EDT
Deutsche Bank analyst David Begleiter raised his price target for Air Products to $270 from $260 following the company's "solid" fiscal Q1 results. He reiterates a Buy rating on the shares citing Air Products' "large and growing" project backlog, continuing prices increases, and "recession-resistant" 10%-plus earnings growth in 2020 and 2021.
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