What specific actions by Air Products & Chemicals Inc. prompted Argus to raise its price target and maintain a Buy rating?

Argus raised its price target for Air Products & Chemicals Inc. to $329 from $316 and maintained a Buy rating due to improving fundamentals, including enhancements in sales, earnings, and EBITDA margins. This decision followed Air Products raising its full-year guidance, increasing its dividend, and executing strategic project exits — developments that also led to positive revisions from other analysts and S&P Global Ratings.

What were the key financial and strategic indicators cited by Argus as evidence of Air Products' strengthening fundamentals?

Argus cited improvements in sales, earnings, and EBITDA margins as core evidence of Air Products' strengthening fundamentals. These improvements occurred alongside the company’s upward revision of full-year guidance, an increase in its dividend, and successful strategic project exits — factors collectively reinforcing confidence in the company’s operational and financial trajectory.

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Argus Raises Air Products Stock Price Target on Improving Fundamentals

Sep 9, 2026

Argus raised its price target for Air Products & Chemicals to $329, maintaining a Buy rating amid improved fundamentals. The adjustment follows the company's increased full-year guidance and dividend hike.

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