Northcoast Research Downgrades Carpenter Tech to Sell, Announces $89 Price Target
Portfolio Pulse from Benzinga Newsdesk
Northcoast Research has downgraded Carpenter Tech (NYSE:CRS) from Neutral to Sell, with a new price target of $89.
June 14, 2024 | 4:39 pm
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NEGATIVE IMPACT
Northcoast Research has downgraded Carpenter Tech from Neutral to Sell, with a new price target of $89. This downgrade could lead to a negative short-term impact on the stock price.
The downgrade from Neutral to Sell by Northcoast Research, along with a specific price target of $89, suggests a bearish outlook on Carpenter Tech. This is likely to result in a negative short-term impact on the stock price as investors react to the downgrade.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100