It's time to buy Chart Industries as the clean energy play gathers momentum, Stifel said.
This comes after Stifel hosted Chart Industries CEO Jill Evanko at its own conference.
GTLS 1D mountain Chart Industries shares 1-day Those bullish comments are partly driven by Chart Industries' recent acquisition of Howden , a maker of air and gas products, earlier this year.
"With a 40% capture rate, which they expect, this potentially presents $320 million for the next 12 months," Nolan wrote.
Additionally, Chart Industries should benefit from strong and growing demand, especially as the government ramps up spending in clean energy technology.
Persons:
Stifel, Benjamin Nolan, Nolan, Jill Evanko, — CNBC's Michael Bloom
Organizations:
Industries
Locations:
Howden