UPDATE: Ascendiant Capital Downgrades Crane to Hold on Full Valuation
May 16, 2013 at 11:13 AM EDT
In a report published Thursday, Ascendiant Capital analyst Christopher Bamman downgraded the rating on Crane Co. (NYSE: CR ) from Buy to Hold. In the report, Bamman noted, “Crane Co. shares have gained approximately 30% so far in 2013. Given the strong price performance, we believe it to be prudent
