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Actionable news in APD: AIR PRODUCTS & CHEMICALS Inc,

Air Products (APD) Stock Higher, Upgraded at JPMorgan

NEW YORK (TheStreet) -- Shares of Air Products & Chemicals (APD) were increasing in pre-market trading on Friday as JPMorgan raised its rating on the stock to "overweight" from "neutral," the Fly reports.

The firm also lifted its price target to $160 from $140 on shares of the Allentown, PA-based industrial gases company.

The company is likely to have a "far stronger" capital structure for its shareholders after the close of the sale of its performance materials business and...