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Fly News Breaks for February 2, 2017
CR
Feb 2, 2017 | 08:43 EDT
William Blair analyst Nicholas Heymann downgraded Crane to Market Perform after assuming coverage of the name. Crane's "internal fundamental outlook has decelerated" and potential catalysts from U.S. corporate tax reform or U.S. infrastructure modernization are not likely to be significant positives for the company, the analyst contends. The analyst views the stock as fairly valued.
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