Industrial Gases

Morgan Stanley has discontinued coverage on the following companies: Albemarle (NYSE: ALB) Eastman Chemical (NYSE: EMN) Celanese (NYSE: CE) Kraton Performance (NYSE: KRA) LyondellBasell (NYSE: LYB) DuPont (NYSE: DD) Dow Chemical (NYSE: DOW) PPG Industries (NYSE: PPG) Praxair (NYSE: PX) Sherwin-...

Air Products (NYSE: APD) today announced it has been selected to supply its proprietary cryogenic coil wound LNG heat exchanger for the world's first Floating LNG facility to be located in the Browse Basin off the northwest coast of Western Australia.  In May, Shell announced it had made its final...

KeyBanc Capital Markets has upgraded Airgas (NYSE: ARG) from Hold to buy and has established an $85 price target.

“We expect Air Products (NYSE: APD) to report fiscal Q3 EPS of at least $1.47, up 15%,” Jefferies wrote in a report today. “Following its upbeat investor day, we expect the company to focus on providing more granular detail to demonstrate better momentum in the on-site/tonnage business as well as...

According to Bank Of America, Praxair (NYSE: PX) held an investor event. Bank Of America said that it attended Praxair's investor event in Chicago, where CEO Steve Angel, CFO Jim Sawyer and senior management highlighted double-digit growth prospects for hydrogen (7% of total sales in 2010) and...

Air Products (NYSE: APD) today announced it has acquired the business of Poly-Flow Engineering LLC, a manufacturer of equipment for the semiconductor industry based in Albuquerque, N.M. Terms of the deal with PFE and its owner Ktech Corporation were not disclosed. PFE, which has 100 employees,...

Morgan Stanley is reiterating its Overweight rating and is raising its price target from $105 to $115 on Air Products and Chemicals Inc. (NYSE: APD) following the company's Investor Day, held last week. In the report, Morgan Stanley writes, “Last week, Air Products hosted its 2011 investor day in...

FBR Capital upgraded Patriot Coal Corporation (NYSE: PCX) from “market perform” to “outperform.” PCX's shares closed at $20.85 on Friday. Patriot Coal's trailing-twelve-month revenue is $2.14 billion. Analysts at Robert W. Baird upgraded Vera Bradley Inc (NASDAQ: VRA) from “neutral” to “outperform...

Morgan Stanley is upgrading its rating from Underweight to Equal-Weight and is raising its price target from $103 to $112 on Praxair (NYSE: PX) in its preview of the company's upcoming Investor Day. According to Morgan Stanley, “We expect Praxair to discuss additional hydrogen opportunities at its...

Jefferies is out with its report today on Praxair (NYSE: PX), reiterating Buy. In a note to clients, Jefferies writes, "Praxair's recent announcement of two HyCO projects for Valero could add, by our estimates, $0.07-$0.08 to 2013E EPS, and likely almost double the value of HyCO projects in...

Morgan Stanley has upgraded Praxair (NYSE: PX) from Underweight to Equal-weight and has raised the price target from $103 to $112.

Morgan Stanley has raised the price target on Air Products and Chemicals (NYSE: APD) from $105 to $115 and maintains its Overweight rating.

Bank of America Merrill Lynch is out with its report today on Air Products (NASDAQ: APD), maintaining Buy. In a note to clients, Bank of America Merrill Lynch writes, "We reinstated coverage of APD with a Buy rating in March 2011. We believe there is much to like at Air Products, including (1) a...

Jefferies & Company commented on Air Products (NYSE: APD) in a report released today. In the report, Jefferies was positive in its assessment of the company. Jefferies writes, "Targeting $10 EPS in 2015. Air Products expects to generate a 15% EPS CAGR through 2015, reaching roughly $10 in EPS...

Shares of Airgas, Inc. (NYSE: ARG) are higher on the session by 1.89%, currently trading at $67.37. The stock has been moving largely higher over the past six months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short...