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Actionable news in PX: PRAXAIR Inc,

Air Products Gets Upgrade to Buy

Seaport Global Securities said Monday it changed its rating on Air Products and Chemicals (APD) to buy from accumulate, attributing the move to its positive view on upcoming results, longer-term potential for margin improvement, value-creating capital deployment and attractive valuation.

The firm's price target for the stock is $165 per share. The company was trading at around $144.95 in afternoon trading on the New York Stock Exchange, up almost half a percentage point.

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