KeyBanc analyst Samuel McKinney raised the firm’s price target on Carpenter Technology (CRS) to $459 from $453 and keeps an Overweight rating on the shares. Post the company’s Q3 results and recent discussions with management, the firm’s FY26-FY27 estimates are increased on SAO strength. KeyBanc views Carpenter Technology as a primary beneficiary from tight supply-demand conditions in nickel-based superalloys for A&D markets, with buoyant growth prospects in FY26-FY28.
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