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National Bank of Canada sold off 93.8% of its Air Products shares, but the stock still draws investor interest.
National Bank of Canada has significantly reduced its holdings in Air Products and Chemicals (APD) by 93.8%, selling off over 1.7 million shares in the fourth quarter.
Despite this, the company's stock has seen interest from other investors like Summit Financial LLC, which increased its shares.
Air Products reported earnings of $2.86 per share, missing estimates, and announced a dividend increase.
Analysts rate the stock as a "Moderate Buy" with a target price of $340.88.
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National Bank of Canada vendió el 93,8% de sus acciones de Air Products, pero las acciones todavía atraen interés de los inversores.