BMO Capital Markets has updated its outlook on Air Products & Chemicals Inc., increasing the price target to $276 and maintaining an Outperform rating. The adjustment follows discussions with the CEO, Seifi Ghasemi, regarding the company's strategic approach to the clean hydrogen market. Air Products is cautious in its expansion, ensuring off-take agreements are in place before embarking on large-scale projects to manage risks. The management team is optimistic about the demand environment. The focus on securing agreements before project initiation is seen as a wise step for sustainable growth. The market eagerly watches the company's moves in the clean hydrogen sector. The $276 price target reflects BMO Capital's confidence in Air Products' ability to capitalize on market opportunities. Despite revenue declines, the company maintains a strong gross profit margin and EBITDA growth, projecting future profitability. Investors can explore further insights on Air Products through InvestingPro's tips and avail a discount with the coupon code PRONEWS24.