- Benchmark analyst Douglas Becker initiated Chart Industries, Inc. GTLS with a Buy rating and a price target of $206, implying an upside of 18.2%.
- Becker says Chart is at the "nexus of clean" given its exposure to LNG, hydrogen, carbon capture, and water solutions.
- The analyst's Q4 estimates are toward the low-end of implied guidance. His 2022 EPS estimate is 8% below consensus due to near-term headwinds from elevated material costs and supply chain disruptions; Becker points out that his 2023 EPS estimate is 15% above consensus.
- Price Action: GTLS shares are trading higher by 4.75% at $174.32 on the last check Tuesday.
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