Bank of America Boosts APD Price Target, Sees Commodity Tailwinds Into 2026

On April 21, Bank of America raised its terms proposal connected Air Products and Chemicals, Inc. (NYSE:APD) to $303 from $280. It reiterated a Neutral standing connected the shares.  The steadfast said commodity markets moved higher done March and into April, tied to the Iran conflict. That displacement is pushing upstream forecasts for 2026 higher starting successful Q2, portion astatine the aforesaid clip starring to cuts for downstream producers, the expert wrote successful a preview of the U.S. chemicals group.

On April 20, Berenberg upgraded Air Products to Buy from Hold. It besides raised its terms people to $350 from $275. The steadfast pointed to amended superior allocation and pricing momentum reflected successful its AI-driven nowcasting model. It besides noted that higher helium prices linked to the Iran struggle whitethorn not last, but broader ostentation should enactment dependable pricing for merchant gases extracurricular helium, according to the probe note.

Air Products and Chemicals, Inc. (NYSE:APD) operates successful concern gases. The institution focuses connected energy, environmental, and emerging markets. Its halfway concern supplies indispensable concern gases, on with related instrumentality and applications expertise. It serves a wide scope of industries, including refining, chemicals, metals, electronics, manufacturing, and food.

While we admit the imaginable of APD arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 10 Best Food Stocks with Highest Dividends and 10 Best Bear Market Stocks to Invest In Right Now

Disclosure: None. Follow Insider Monkey connected Google News.