Air Products (APD) was downgraded by Bank of America/Merrill Lynch (BAC) to neutral from buy with a price target of $68, as margins have been slimmer and volumes are lower in the merchant gas business. Source: Forbes
not that I would think someone with whitetrash for a name would #$%$ for money...but do you have a reference. Can't think of why anyone would put that target out there for a 5 % (roughly) change in expected earnings. I think you should have made up a better guesstimate.
I got some Dec 75 calls today, and bought some outright at 78.5....wish me luck. but I like gases :)