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JPMorgan upgrades Air Products stock rating on helium recovery
JPMorgan upgraded Air Products & Chemicals Inc. (NYSE:APD) from Neutral to Overweight, raising its price target to $310 due to the company’s stability in an uncertain economic environment and the recovery in helium prices. The firm anticipates accelerated volumes for Air Products, driven by higher utilization rates in North American chemical and refinery sectors, and notes the company’s consistent dividend payments for 56 years. This upgrade follows strong Q1 2026 financial results which exceeded analyst expectations.