Key facts
- Bank of America raised its price target for Air Products and Chemicals (APD).
- The upgrade followed Air Products' earnings report, which exceeded expectations.
- The firm cited strong performance and a positive outlook for the company.
Air Products and Chemicals is a global supplier of industrial gases and related equipment. Following its latest earnings release, analysts are reassessing the company's valuation and future prospects. Bank of America's decision reflects a positive view on the company's recent performance and its position in the market.
