Air Products (APD +0.4%) is downgraded to Neutral from Buy at Goldman Sachs, after shares have...

|About: Air Products and Chemicals,... (APD)|By:, SA News Editor

Air Products (APD +0.4%) is downgraded to Neutral from Buy at Goldman Sachs, after shares have outperformed industrial gas peers since being added to the firm's Americas Buy List in Nov. 2012. The firm believes future outperformance depends on positive EPS estimate revisions, which appear less certain given APD's relative overexposure to Europe and China.