Stifel Maintains Buy on Crane, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Nathan Jones has maintained a Buy rating on Crane Co. (NYSE:CR) and increased the price target from $124 to $125. This adjustment reflects a positive outlook on the company's stock, suggesting potential upside from its current trading level.
January 23, 2024 | 5:32 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stifel's analyst Nathan Jones has reaffirmed a Buy rating on Crane Co. and increased the price target to $125, indicating a bullish stance on the company's future performance.
The increase in price target by Stifel suggests that the analyst sees a higher potential for growth in Crane Co.'s stock price. This kind of endorsement from a reputable analyst can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100