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

Rating:
Buy PX
up 19.03 %

Praxair, Inc. (PX) rated Buy with price target $88 by Jefferies & Co

Posted on: Monday,  Jun 8, 2009  8:25 AM ET by Jefferies & Co

Jefferies & Co rated Buy Praxair, Inc. (NYSE: PX) on 06/08/2009. Previously Jefferies & Co rated Buy Praxair, Inc. (NYSE: PX) on
01/02/2008., when the stock price was $88.37. Since then, Praxair, Inc. has gained 19.03% as of 01/22/2016's recent price of $105.19.
If you would have followed the previous Jefferies & Co's recommendation on PX, you would have gained 19.03% of your investment in 2942 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.

Our focus on growing and mid-sized companies enables us to identify unique investment ideas, which can make the difference in a tough market. Jefferies' research effort covers U.S. & International equity, high yield, convertibles, investment grade fixed income and post-reorganization securities, as well as special situations and quantitative research. The more than 120-person team of research professionals covers over 1,200 companies in more than 40 industries worldwide. Our analysts focus on identifying emerging industry themes and dig deeper to provide in-depth, thought provoking, objective research. Our analysts use a variety of quantitative and qualitative tools, integrating field analysis, proprietary channel checks and ongoing dialogue with the managements of the companies they cover. We utilize the latest technologies to deliver a research product that is timely, differentiated, and tailored to each customer's needs. Regular client access to companies and their management teams is provided through a wide variety of Jefferies hosted industry conferences, company management meetings and on-site tours.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/8/2009 8:25 AM Buy
None
75.42 88.00
as of 12/31/2009
1 Week up  14.04 %
1 Month up  10.98 %
3 Months up  11.44 %
1 YTD up  53.36 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/13/2009 8:25 AM Buy
None
69.59 79.00
1/7/2009 8:25 AM Buy
None
65.04 77.00
1/2/2008 10:42 AM Buy
None
88.37 103.00

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