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.
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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
