Crane Co. (CR) Tops Q3 EPS by 5c, Updates FY Guidance

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Stifel Remains Sidelined on Crane Co. (CR) Following Earnings Call

October 26, 2016 10:18 AM EDT

Stifel reiterated a Hold rating on Crane Co. (NYSE: CR), and raised the price target to $69.00 (from $65.00), following the company's 3Q earnings call. Adjusted EPS was reported at $1.07, compared to $1.03 in 3Q15. Sales of $694.2 million increased 3.6% y/y from sales of $669.9 million in 3Q15.... More