Citigroup analyst PJ Juvekar maintained a Buy rating on Praxair (NYSE: PX) today and set a price target of $177. The company’s shares closed on Friday at $153.23.
According to TipRanks.com, Juvekar is a 4-star analyst with an average return of 15.1% and a 58.6% success rate. Juvekar covers the Consumer Goods sector, focusing on stocks such as Westlake Chemical Corp, Chemours Company, and Albemarle Corp.
Praxair has an analyst consensus of Moderate Buy, with a price target consensus of $177.25.
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Based on Praxair’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $3 billion and quarterly net profit of $462 million. In comparison, last year the company earned revenue of $2.73 billion and had a net profit of $389 million.
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Praxair, Inc. engages in designs, engineers, manufactures, and operates facilities that produce and distribute industrial gases. It operates through the following segments: North America, Europe, South America, Asia, and Surface Technologies. The North America segment offers production facilities in the U.S., Canada, and Mexico.
