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Fly News Breaks for January 29, 2019
CR
Jan 29, 2019 | 07:59 EDT
Stifel analyst Nathan Jones noted that Crane's guidance missed the consensus forecast, but he believes the company's outlook is "solid and realistic" and he thinks consensus for 2019 is skewed by several unrealistic estimates, including a $3.625B revenue estimate. He maintains a Buy rating and $100 price target on Crane shares.