Benchmark Is Bullish On Chart Industries, Sees Sharp Upside


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  • Benchmark analyst Douglas Becker initiated Chart Industries, Inc. (NYSE: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.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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Posted In: Analyst ColorNewsPrice TargetInitiationAnalyst RatingsBriefs