Goldman Sachs Initiates Chart Industries With Neutral Rating

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  • Goldman Sachs analyst Neil Mehta initiated Chart Industries, Inc. GTLS coverage with a Neutral rating and a price target of $193, implying an upside of 1.73%.
  • Mehta believes the company stands to benefit from positive markets tailwinds but says the shares seem to be fairly pricing in its growth.
  • Recently, the company collaborated with FLSmidth FLIDY on carbon capture technology that targets over 90% removal of co2 emissions from cement production.
  • Price Action: GTLS shares closed lower by 1.04% at $190.01 on Thursday.
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Posted In: Analyst ColorNewsPenny StocksPrice TargetInitiationSmall CapAnalyst RatingsBriefs
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