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Crane Co T.CR


Primary Symbol: CR Alternate Symbol(s):  CXT

Crane Company is a manufacturer of engineered components for mission-critical applications focused on the aerospace, defense, space and process flow industry end markets. Its segments include Aerospace & Electronics, Process Flow Technologies, and Engineered Materials. The Aerospace & Electronics segment supplies critical components and systems, including original equipment and aftermarket parts, primarily for the commercial aerospace, and the military aerospace, defense and space markets. The Process Flow Technologies segment is a provider of engineered fluid handling equipment for critical applications. The Engineered Materials segment manufactures fiberglass-reinforced plastic panels and coils, primarily for use in the manufacturing of recreational vehicles, truck bodies and trailers (Transportation). It also designs and manufacturers multi-stage lubrication pumps and lubrication system components technology for critical aerospace and defense applications.


NYSE:CR - Post by User

Comment by HJDFSJon Feb 09, 2021 9:12am
144 Views
Post# 32511026

RE:raymond james increases target to 1.50

RE:raymond james increases target to 1.50Quite the difference a 3 months make... 3 months ago In- In a report released today, Jeremy Mccrea from Raymond James maintained a Sell rating on Crew Energy (CWEGF), with a price target of C$0.35. The companys shares closed last Monday at $0.32. Today - Raymond James analyst Jeremy McCrea upgraded Crew Energy to Outperform from Market Perform with a price target of C$1.50, up from C$1. The company "backstopped the strength" of its upcoming drilling plans with one of its most encouraging reserve reports in recent years, McCrea tells investors in a research note. If Crew can continue to show well cost reductions of 25%, the company can emerge from the challenges it has faced over the last few years, says the analyst
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