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Linde stock heads into Monday after JPMorgan downgrade — what to watch for LIN shares this week
Linde (LIN) stock is expected to face pressure on Monday after JPMorgan downgraded it to Neutral due to valuation concerns and a halt in sequential pricing gains. The stock closed down 2.53% at $448.07 on Friday, despite UBS and Morgan Stanley reiterating Buy ratings with higher price targets. Investors will be monitoring upcoming U.S. jobs and inflation reports, as well as Linde’s presentations at industry conferences on Feb. 17-18.