JPMorgan upgrades Air Products and Chemicals, cites helium price recovery

Friday, Mar 20, 2026 2:00 pm ET1min read
APD--

JPMorgan has upgraded Air Products and Chemicals to Overweight, citing more stable earnings and a potential recovery in helium pricing. The brokerage expects a reduction in earnings drag from helium in fiscal 2026 and forecasts earnings per share of $13.05, up 8.5% from the prior year. JPMorgan has set a $310 price target, noting the stock trades at a discount to industry leader Linde plc.

JPMorgan upgrades Air Products and Chemicals, cites helium price recovery

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