Overweight Rating For Airgas Inc. (ARG) Based On Positive Revenue Growth Factor

First Analysis gave an overweight rating on Airgas Inc. (NYSE: ARG). According to analyst Michael J. Harrison, Airgas Inc.’s growth opportunities include a greater focus on a wider range of strategic accounts that could increase penetration with existing and new customers, as well as pursuing on-site gas supply to large bulk gas customers that could lead to share gain in a segment where ARG has a relatively lesser penetration.

Recent activities suggest the acquisition market is thawing and the analyst believes a resumption of ARG’s consolidation activity in its core distribution business bodes well for earnings growth.