CIRCOR Price Target Cut By KeyBanc - Here''s Why
KeyBanc analyst Jeffrey D. Hammond lowered the price target for CIRCOR International, Inc. (NYSE: CIR ) to $27 (an upside of 42%) from $37 while maintaining the Overweight rating on the shares. The analyst believes CIR''s recent restatement process has removed a significant share overhang and revisits the sum-of-the-parts analysis. Hammond believes the board will remain focused on creating the maximum shareholder value as it reviews potential alternatives for CIR. CIRCOR Full story available on Benzinga.com
CIRCOR Price Target Cut By KeyBanc - Here''s Why
KeyBanc analyst Jeffrey D. Hammond lowered the price target for CIRCOR International, Inc. (NYSE: CIR ) to $27 (an upside of 42%) from $37 while maintaining the Overweight rating on the shares. The analyst believes CIR''s recent restatement process has removed a significant share overhang and revisits the sum-of-the-parts analysis. Hammond believes the board will remain focused on creating the maximum shareholder value as it reviews potential alternatives for CIR. CIRCOR Full story available on Benzinga.com