UPDATE: Credit Suisse Raises PT on Carpenter Technology Following Management Meeting
September 16, 2013 at 12:18 PM EDT
In a report published Monday, Credit Suisse analyst Julie Yates Stewart reiterated an Outperform rating on Carpenter Technology Corporation (NYSE: CRS ), and raised the price target from $62.00 to $72.00. In the report, Credit Suisse noted, “Following a tour of Reading & meeting with management, we feel incrementally more