Jefferies Cuts Price Target on Praxair (PX) As FX Headwinds Effect EPS

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Go back to Jefferies Cuts Price Target on Praxair (PX) As FX Headwinds Effect EPS

UPDATE: UBS Upgrades Praxair Inc. (PX) to Buy

February 1, 2016 7:39 AM EST

(Updated - February 1, 2016 8:13 AM EST)

UBS upgraded Praxair Inc. (NYSE: PX) from Neutral to Buy with a price target of $109.00.

Analyst John Roberts commented, "We see PX as one of the most defensive stocks in the chemicals space. The stock is... More

Praxair (PX) Raises Quarterly Dividend 4.9% to $0.75; 3.1% Yield

January 29, 2016 6:03 AM EST

Praxair (NYSE: PX) declared a quarterly dividend of $0.75 per share, or $3 annualized. This is a 4.9% increase from the prior dividend of $0.715.

The dividend will be payable on March 15, 2016, to stockholders of record on March 7, 2016, with an ex-dividend date of March 3,... More

Praxair (PX) Reports In-Line Q4 EPS

January 29, 2016 6:02 AM EST

Praxair (NYSE: PX) reported Q4 EPS of $1.47, in-line with the analyst estimate of $1.47. Revenue for the quarter came in at $2.6 billion versus the consensus estimate of $2.66 billion.

GUIDANCE:

Praxair sees FY2016 EPS of $5.30-$5.70, versus the consensus of $3.06.

For earnings history and earnings-related data on Praxair (PX) click here.

... More

Trading Radar for 1/29: MasterCard (MA), AbbVie (ABBV), Chevron (CVX), American Airlines (AAL), Whirlpool (WHR) Report

January 28, 2016 2:02 PM EST

The Trading Radar highlights key earnings and economic announcements for the next trading session:

Before Markets Open:
Economics:
8:30am EST

GDP: Advanced - Street sees 0.9%GDP: Deflator - Street sees 0.9%Employment Cost Index - Street sees 0.6%

Earnings:

A.O. Smith (NYSE: AOS) - consensus EPS $0.84
AbbVie (NYSE: ABBV) - consensus EPS $1.12
Air Products (NYSE:... More