Jefferies Reiterates ARG Buy Rating

Jefferies has issued a report maintaining Airgas' (NYSE: ARG) Buy Rating.

According to Jefferies, "Overall, demand trends appear positive. The strongest end markets appear to be manufacturing, energy and chemicals, with metal fab demand accelerating sharply in the past 6 weeks. Demand remains more muted in healthcare (regulatory uncertainty affecting customers downstream) and research (government funding cuts)."

ARG has a $72.00 Price Target and closed yesterday at $63.24 a share.