Morgan Stanley analyst Vincent Andrews maintains Air Products & Chemicals (NYSE:APD) with a Equal-Weight and lowers the price target from $335 to $315.
Air Products & Chemicals (NYSE:APD) reported quarterly earnings of $2.64 per share which missed the analyst consensus estimate of $2.70 by 2.22 percent. This is a 4.76 percent increase over earnings of $2.52 per share
Air Products today announced financial close and transfer of the second group of assets for the $12 billion gasification and power joint venture (JV) with Aramco, ACWA Power and Air Products Qudra in the Jazan
US stocks closed higher on Wednesday following the release of minutes from the Fed meeting. Materials stocks were among the top performers, gaining around 1.7% during the session.