JPMorgan recommends using the post-earnings selloff in shares of Carpenter Technology (CRS) as a buying opportunity. The firm sees “many positives” from the earnings call, including bookings being up 18% quarter-over-quarter and rising engine sales. The stock thesis hasn’t changed, the analyst tells investors in a research note. JPMorgan keeps an Overweight rating on Carpenter with a $305 price target
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Read More on CRS:
- Carpenter Technology Reports Record Fiscal 2025 Results
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