BTIG analyst Andre Madrid raised the firm’s price target on Carpenter Technology (CRS) to $210 from $185 and keeps a Buy rating on the shares after hosting its management team in a non-deal roadshow. The firm sees the company materially benefiting from an “unprecedented” demand environment and also believes that tariffs are not a concern under the Trump administration, the analyst tells investors in a research note.
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- Carpenter Technology to replace Carter’s in S&P 400 at open on 12/23
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