Crane Co

CR: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$576.00	Xhnrdxd	Hlbmpxw

Crane: Both Core Segments Poised to Deliver Strong Revenue Growth and Margin Expansion

Krzysztof Smalec

May 16, 2024

After reviewing Crane’s May 14 investor day presentation, we reiterate our narrow moat rating and raise our fair value estimate to $120 from $110. Our more optimistic midcycle profitability assumptions drive our fair value estimate increase.

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