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Fly News Breaks for February 1, 2017
CR
Feb 1, 2017 | 07:36 EDT
Canaccord analyst Ken Herbert maintained his Hold rating on Crane shares despite what he called stable to improving fundamentals following strong Q4 results. The analyst believes the company is saving details from its improving operating segment until its analyst day in March and he thinks the stock sentiment will be largely impacted by the Fluid Handling business. Herbert raised his price target to $74 from $70 on Crane shares.
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