Barclays Downgrades Chart Industries - Read Why

Comments
Loading...
  • Chart Industries, Inc. GTLS was downgraded to Equal Weight from Overweight by Barclays analyst J. David Anderson. The analyst downgraded the stock citing valuation.
  • Meanwhile, the analyst maintained the price target of $189, implying an upside of 1.6%.
  • The analyst mentions that despite the strong performance in the shares year-to-date, the risk/reward setup with earnings revision potential "is the best we've seen in almost 2 decades."
  • Also Read: Chart Industries Acquires Fronti Fabrications For $20M.
  • Price Action: GTLS shares are trading lower by 2.98% at $186.06 on the last check Wednesday.
GTLS Logo
GTLSChart Industries Inc
$146.07-1.02%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum86.10
Growth62.76
Quality97.22
Value24.91
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs
date
ticker
name
Price Target
Upside/Downside
Recommendation
Firm

Posted In: