Crane Co. (CR) Tops Q1 EPS by 7c; Guidance Reaffirmed

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UBS Downgrades Crane (CR) to Neutral

April 27, 2016 7:48 AM EDT

UBS downgraded Crane (NYSE: CR) from Buy to Neutral with a price target of $57.00 (from $52.00).

Analyst Shannon O'Callaghan commented, "Crane continues to undergo positive transformation efforts but after a rise in the stock, we did not find enough in the 1Q... More