[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]

![wallstengine Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1508426880860704771.png) Wall St Engine [@wallstengine](/creator/twitter/wallstengine) on x 71.6K followers
Created: 2025-06-30 09:09:12 UTC

Citi Upgrades $LIN to Buy from Neutral, Raises PT to $XXX from $XXX

Analyst comments: "We updated our estimates ahead of 2Q25, raising estimates across Air Products and Linde on better FX and productivity. We upgrade Linde to Buy, seeing continued success with project execution and underlying price and productivity. Looking past the macro uncertainties ahead, there are a few things to get constructive on regarding Linde’s growth algorithm, specifically: 1) evidence of strong execution across price and productivity; 2) high-quality project backlogs with near-term opportunities and recent success on longer-dated clean hydrogen and ammonia; and 3) likely winners from the eventual industrial recovery. We maintain our constructive view across gases broadly, but now prefer Linde over Air Products – while we remain positive on cost takeout and a re-focused Air Products, we note that de-risking the capital structure and securing offtakes for its largest projects will come with a larger risk profile."

Analyst: Pat Cunningham


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1939612171857776655/c:line.svg)

**Related Topics**
[lin](/topic/lin)
[productivity](/topic/productivity)
[$lin](/topic/$lin)
[linde plc](/topic/linde-plc)
[stocks basic materials](/topic/stocks-basic-materials)

[Post Link](https://x.com/wallstengine/status/1939612171857776655)