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.