DA Davidson Maintains Buy on Crane NXT, Maintains $80 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Matt Summerville maintains a Buy rating on Crane NXT (NYSE:CXT) and keeps the price target at $80.

March 12, 2024 | 12:52 pm
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POSITIVE IMPACT
Crane NXT maintained at Buy by DA Davidson with a $80 price target.
The maintenance of a Buy rating and a solid price target of $80 by a reputable analyst like Matt Summerville from DA Davidson is likely to instill confidence among investors and could lead to a positive short term impact on Crane NXT's stock price. The reaffirmation of the price target suggests a strong belief in the company's value and potential for growth, which can be seen as a positive signal to the market.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100