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On May 30, 2025, Air Products (APD) saw a significant surge in trading volume, with a turnover of $799 million, marking a 127.82% increase from the previous day. This substantial rise placed Air Products at the 196th position in terms of trading volume for the day.
Morgan Stanley analyst Vincent Andrews resumed coverage of Air Products with an Equal Weight rating and a price target of $290. The firm's decision reflects a cautious outlook on the company's strategic shifts and the potential for improvement in return on invested capital (ROIC), which is expected to take time and involves certain risks.
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