Bernstein Maintains Outperform on Air Products (APD) Following Hydrogen Megaproject Announcements

Air Products and Chemicals, Inc. (NYSE:APD) ranks among the best hydrogen and fuel cell stocks to buy for 2026. On December 9, Air Products and Chemicals, Inc. (NYSE:APD) stock plummeted 11%, with Bernstein SocGen Group maintaining its Outperform rating and $320 price target for the company’s shares. According to Bernstein analyst James Hooper, the market reaction was something of a “overreaction” after Air Products announced negotiations with Yara to collaborate on major hydrogen megaprojects. The agree ...