Oppenheimer Initiates Coverage On Crane NXT with Outperform Rating, Announces Price Target of $70
Portfolio Pulse from richadhand@benzinga.com
Oppenheimer analyst Ian Zaffino initiates coverage on Crane NXT (NYSE:CXT) with an Outperform rating and announces a price target of $70.
June 13, 2023 | 8:53 am
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Crane NXT (NYSE:CXT) receives an Outperform rating and a $70 price target from Oppenheimer analyst Ian Zaffino.
The initiation of coverage by Oppenheimer with an Outperform rating and a price target of $70 for Crane NXT (NYSE:CXT) is a positive signal for the stock. This rating suggests that the analyst believes the stock will outperform the market, which could lead to an increase in its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100