TD Cowen Raises Chart Industries (NYSE:GTLS) Price Target to $260.00

TD Cowen, a financial services company, has raised its price target for Chart Industries (NYSEGTLS) from $230.00 to $260.00 in a research note issued to investors on Thursday, according to Marketbeat. The firm currently has an outperform rating on the industrial products company's stock.

Chart Industries is a leading provider of technology solutions and equipment for the waste management industry. The company operates in three segments: Engineered Solutions, Equipment, and Energy & Gas. Its Engineered Solutions segment provides customized solutions for waste management and environmental challenges, while its Equipment segment designs, manufactures, and sells equipment for waste management and industrial processes. The Energy & Gas segment focuses on the development, construction, and operation of energy infrastructure projects.

The company has been the subject of several other research reports in recent months. Stifel Nicolaus, another financial services firm, restated its price target for Chart Industries' stock to $260.00 in a report issued earlier this month. The firm maintained its outperform rating on the stock.

Overall, the increase in the price target by TD Cowen and the restatement of the price target by Stifel Nicolaus suggest that both firms are bullish on Chart Industries' prospects and believe that the company's stock is undervalued at its current price.