Raymond James has adjusted its price target for Chart Industries (GTLS, Financial), bringing it down from $215 to $200, yet the firm maintains its Strong Buy rating on the stock. This recalibration comes amid ongoing trade and tariff uncertainties which continue to impact the company's market performance.
Despite these challenges, Raymond James remains optimistic about the demand outlook for Chart Industries. The firm highlights the company's diversified supply chain and manufacturing sites as strategic advantages in navigating the current unpredictable environment. Analysts believe these factors will support Chart Industries' operations and offer resilience against the uncertainties plaguing the market.