Air Products and Chemicals(US:APD) Seeking Alpha·2025-06-23 08:05Group 1 - Air Products and Chemicals, Inc. (APD) is initiated with a Strong Buy rating and a price target of $368, indicating a positive outlook for the company [1] - APD provides atmospheric and process gases, related equipment, and services across various sectors including energy, manufacturing, healthcare, and advanced technologies globally [1] - Moretus Research focuses on identifying companies with durable business models and mispriced cash flow potential, applying a structured framework for investment analysis [1] Group 2 - Moretus Research emphasizes rigorous fundamental analysis combined with a judgment-driven process, aiming to filter out noise and overly complex forecasting [1] - The research coverage targets underappreciated companies undergoing structural changes or temporary dislocations, which can lead to asymmetric returns for investors [1] - The valuation approach is based on sector-relevant multiples tailored to each company's business model and capital structure, prioritizing comparability and relevance [1]