Baird Initiates Coverage On Crane NXT with Outperform Rating, Announces Price Target of $77
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Michael Halloran has initiated coverage on Crane NXT (NYSE:CXT) with an Outperform rating and set a price target of $77.
October 17, 2024 | 9:04 am
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Baird analyst Michael Halloran has initiated coverage on Crane NXT with an Outperform rating and a price target of $77, indicating a positive outlook for the stock.
The initiation of coverage with an Outperform rating and a specific price target of $77 by a reputable analyst suggests a positive sentiment towards Crane NXT's stock. This is likely to influence investor perception and could lead to a short-term increase in the stock price.
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IMPORTANCE 80
RELEVANCE 100