Nvidia To Rally More Than 38%? Here Are 10 Top Analyst Forecasts For Tuesday
Written by Emily J. Thompson, Senior Investment Analyst
Source: Benzinga
Analyst Rating Changes: Several Wall Street analysts have adjusted their price targets and ratings for various companies, including UBS raising Vistra Corp's target to $207 and Stephens & Co. lowering FedEx's target to $280 while maintaining an Overweight rating.
Stock Performance Updates: Notable changes include JP Morgan increasing Carpenter Technology's target to $305, Citigroup cutting McCormick's target to $77, and Loop Capital raising Roku's target to $100, reflecting a mix of upgrades and downgrades across different stocks.
Analyst Views on CRS
Wall Street analysts forecast CRS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRS is 389.67 USD with a low forecast of 365.00 USD and a high forecast of 425.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
6 Buy
0 Hold
0 Sell
Strong Buy
Current: 340.110
Low
365.00
Averages
389.67
High
425.00
Current: 340.110
Low
365.00
Averages
389.67
High
425.00
About CRS
Carpenter Technology Corporation is engaged in the manufacturing, fabrication and distribution of specialty metals. The Company operates in two segments: Specialty Alloys Operations (SAO) and Performance Engineered Products (PEP). The SAO segment comprises its premium alloy and stainless-steel manufacturing operations. This includes operations performed at mills primarily in Reading and Latrobe, Pennsylvania and surrounding areas, as well as South Carolina and Alabama. The PEP segment comprises its differentiated operations. This segment includes the Dynamet titanium business, the Carpenter Additive business and the Latrobe and Mexico distribution businesses. It provides specialty alloy-based materials and process solutions for critical applications in the aerospace, defense, medical, transportation, energy, industrial and consumer markets. The Company operates its own network of service and distribution centers, located in the United States, Canada, Mexico, Europe and Asia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
