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Enter Symbol:
 
Praxair, Inc. (PX) [hlAlert]

Rating:
Overweight
PX
up 8.67 %

Praxair, Inc. (PX) rated Overweight by JP Morgan

Posted on: Wednesday,  Jun 12, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Overweight Praxair, Inc. (NYSE: PX) on 06/12/2013, when the stock price was $115.47. Since then, Praxair, Inc.
has gained 8.68% of its value until JP Morgan rated PX Neutral on 01/30/2014, when the price was $125.49.
If you would have followed this JP Morgan's recommendation on PX, you would have gained 8.67% of your investment in 232 days.

Praxair, Inc. (Praxair) is an industrial gas supplier in North and South America. Praxair's primary products for its industrial gases business are atmospheric gases (oxygen, nitrogen, argon, rare gases) and process gases (carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene). The Company also designs, engineers, and builds equipment that produces industrial gases for internal use and external sale. Its surface technologies segment, operated through Praxair Surface Technologies, Inc., supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders. Praxair serves approximately 25 industries, such as healthcare and petroleum refining; computer-chip manufacturing and beverage carbonation; fiber-optics and steel making, and aerospace, chemicals and water treatment. In July 2009, Praxair's subsidiary, Praxair Surface Technologies, Inc., acquired Sermatech International Holdings Corp. from Arsenal Capital Partners.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/30/2014 8:25 AM Hold
None
125.49
as of 12/13/2013
1 Week down  -0.96 %
1 Month down  -0.23 %
3 Months up  3.13 %
1 YTD up  13.52 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/12/2013 8:25 AM Buy
None
115.47
4/30/2009 8:25 AM Buy
None
74.61
12/11/2007 9:25 AM Hold
None
85.79

(*) Stock Price at the time of the recommendation.
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