Information Provided By:
Fly News Breaks for April 27, 2016
CR
Apr 27, 2016 | 05:58 EDT
UBS analyst Shannon O'Callaghan downgraded Crane to Neutral saying there isn't enough in the company's Q1 results to warrant a Buy rating following the recent rally in the shares. The analyst raised Crane's price target to $57 from $52. O'Callaghan still sees further potential downside risk to Fluid margins.