RBC Capital has initiated coverage of Air Products with an Outperform rating and set a price target at $355, following a 10% decline in the stock's value. Analysts express optimism about Air Products' strategic focus on core industrial gas operations and projects with guaranteed offtakes. Additionally, they highlight the company's recovery strategy and potential for robust earnings growth in the high single digits. The average target price forecast for Air Products and Chemicals Inc is $321.79, with a high estimate of $375.00, indicating a 13.60% upside from the current price. Despite positive aspects, Air Products faces challenges like project delays, cost overruns, financial leverage increases, and underperforming projects, notably the Alberta project experiencing significant delays and cost escalations.