Stifel Upgrades CIRCOR International (CIR) to Buy

August 5, 2019 2:49 AM EDT
Get Alerts CIR Hot Sheet
Price: $29.90 +1.12%

Rating Summary:
    5 Buy, 3 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 18 | Down: 12 | New: 23
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Stifel analyst Nathan Jones upgraded CIRCOR International (NYSE: CIR) from Hold to Buy with a price target of $47.00 (from $50.00).

  • Sees an attractive valuation.
  • Believes further divestitures could reduce leverage.
  • Sees potential upside if management delivers on targets but acknowledges "credibility problem with investors."

For an analyst ratings summary and ratings history on CIRCOR International click here. For more ratings news on CIRCOR International click here.

Shares of CIRCOR International closed at $37.72 yesterday.

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