Analyst Michael Halloran initiated coverage of the company with an outperform rating and $77 price target, reflecting a 38.5% upside.
Investors are overlooking Crane NXT and its long-term earnings potential, according to Baird. Analyst Michael Halloran initiated coverage of the company with an outperform rating and $77 price target, reflecting a 38.5% upside from Wednesday's close. That's a sharp turnaround for the beaten-down stock, which has shed 2.2% this year. Crane specializes in micro-optic securities to protect products against counterfeits.
data shows that five of the six analysts covering the stock have a buy or strong buy rating. Just one rates it as a hold.
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