Crane price target lowered to $200 from $201 at Stifel

Stifel analyst Nathan Jones lowered the firm’s price target on Crane (CR) to $200 from $201 and keeps a Hold rating on the shares. The firm thinks Q1 earnings season is likely to “provide few surprises or guidance changes to act as catalysts” for its flow control and multi-industry coverage, the analyst tells investors in a preview for the group.