Crane price target lowered to $144 from $170 at Stifel

Stifel lowered the firm’s price target on Crane (CR) to $144 from $170 and keeps a Hold rating on the shares. The firm is assuming U.S. trade policy leads to a modest industrial recession in the second half of this year through the first half of 2026 and assumes uncertainty leads to lower customer capital and operating expenditures, which cause Crane and/or its customers to slow production.