, Tracking Stock Market Picks
Enter Symbol:
Praxair, Inc. (PX) [hlAlert]

Neutral PX
up 121.94 %

Praxair, Inc. (PX) downgraded to Neutral with price target $125 by UBS

Posted on: Monday,  Nov 25, 2013  12:25 PM ET by UBS

UBS rated Neutral Praxair, Inc. (NYSE: PX) on 11/25/2013. Previously UBS rated Buy Praxair, Inc. (NYSE: PX) on 12/11/2008., when
the stock price was $57.11. Since then, Praxair, Inc. has gained 121.94% as of 11/25/2013's recent price of $126.75.
If you would have followed the previous UBS's recommendation on PX, you would have gained 121.94% of your investment in 1810 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/18/2015 1:25 PM Hold
114.10 113.00
as of 12/13/2013
1 Week   
1 Month up  1.77 %
3 Months up  5.21 %
1 YTD up  15.80 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/25/2013 12:25 PM Hold
126.75 125.00
12/11/2008 12:25 PM Buy
57.11 75.00
10/10/2007 9:25 AM Buy
84.80 94.00

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