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Fly News Breaks for July 26, 2017
CR
Jul 26, 2017 | 07:26 EDT
Oppenheimer analyst Jim Giannakouros says Crane's selloff after the company reported an in-line quarter creates opportunity. The analyst sees Crane as well positioned to be a growth and margins/returns outlier within his coverage given solid market positions and an execution track record. Giannakouros reiterated an Outperform rating on the stock but lowered his price target on the shares to $88 from $90.