Benchmark Maintains Buy on Carpenter Tech, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Josh Sullivan maintains a Buy rating on Carpenter Tech (NYSE:CRS) and raises the price target from $100 to $140.
May 08, 2024 | 4:26 pm
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POSITIVE IMPACT
Benchmark analyst Josh Sullivan reaffirms a Buy rating on Carpenter Tech and increases the price target to $140.
The upgrade in price target by a reputable analyst like Josh Sullivan suggests a strong confidence in Carpenter Tech's future performance. This is likely to positively influence investor sentiment and could lead to an increase in stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100