UPDATE: Goldman Sachs Downgrades Carpenter Technology Corporation on Limited Upside Potential
October 30, 2013 at 11:07 AM EDT
In a report published Wednesday, Goldman Sachs analyst Sal Tharani downgraded the rating on Carpenter Technology Corporation (NYSE: CRS ) from Buy to Neutral, but reiterated the $57.00 price target. In the report, Goldman Sachs noted, “We downgrade CRS to Neutral from Buy as the stock has surpassed our price