Deutsche Bank raised the firm’s price target on Carpenter Technology (CRS) to $375 from $300 and keeps a Buy rating on the shares. The firm changed ratings in the defense sector as part of a Q2 earnings preview. U.S. defense “will again be a mixed bag this earnings season,” the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRS:
- Carpenter Technology price target raised to $305 from $245 at JPMorgan
- Carpenter Technology price target raised to $305 from $230 at TD Cowen
- Carpenter Technology price target raised to $300 from $250 at Benchmark
- Carpenter Technology price target raised to $275 from $255 at BTIG
- Jefferies aerospace/defense analysts hold an analyst/industry conference call