Goldman Sachs Raises Air Products and Chemicals FY2010 And FY2012 EPS Estimates

In a report released this morning, Goldman Sachs said that it is maintaining its Air Products and Chemicals, Inc APD FY2011 EPS estimate of $5.70 and raising its FY2010 and FY2012 EPS estimate to $5.02 and $6.47 from $4.98 and $6.45 based on the results of the fourth quarter, updated company guidance and our estimates. “We remain Not Rated on APD,” Goldman Sachs writes. “Risks to our estimates include economic recession and weakness across semis chain.” Air Products and Chemicals currently trades for $84.74.