In a report published Monday, Morgan Stanley analyst Ole Slorer reiterated an Overweight rating and $110.00 price target on Chart Industries GTLS.
In the report, Morgan Stanley noted, “After spending several days with the CEO, we left with the following takeaways: (i) LNG related growth trending above expectations, (ii) additional capacity expansions on the horizon, (iii) past 2 months, activity has been robust. Therefore, we see upside risk to our above-consensus estimates.”
Chart Industries closed on Friday at $95.78.
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