Gabelli Maintains Buy on Airgas

Gabelli is out with its report today on Airgas

, maintaining Buy. In a note to clients, Gabelli writes, "We estimates earnings for FY 2012 and 2013 to be $3.95 and $4.25 per share, respectively. Management recently raised FY 2012 guidance to $3.90-$4.05 per share, and has a goal of earning $4.20 per share in FY 2013. We continue to recommend purchase, and have a PMV of $88 per share in 2012 (FY 2013)." At the time of posting, shares of ARG were trading pre-market at $67.46, down 1.88% from Thursday's close.