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Fly News Breaks for February 3, 2020
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.
News For LIN From the Last 2 Days
Jul 30, 2021 | 13:55 EDT
The guidance assumes 3% currency tailwind versus prior year and 1% headwind sequentially.
Jul 28, 2021 | 06:54 EDT
Linde announced it has started up its new on-site facility in Qinzhou, China, supplying oxygen and other industrial gases to Shanghai Huayi's new chemical complex. The new facility is comprised of three air separation units which will supply up to 7,500 tons per day of oxygen and 5,000 tons per day of nitrogen. By supplying the various Shanghai Huayi companies from one central facility, Linde will operate more efficiently, lowering its energy consumption and carbon emissions. The total investment for this new facility was approximately $200M.