Jefferies Initiates Coverage On Crane NXT with Buy Rating, Announces Price Target of $60
Jefferies analyst Stephen Volkmann initiates coverage on Crane NXT (NYSE:CXT) with a Buy rating and announces Price Target of $60.
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Jefferies analyst Stephen Volkmann initiates coverage on Crane NXT (NYSE:CXT) with a Buy rating and announces Price Target of $60.
Figure Technology (FIGR) shares jumped 5.3% to $35.49 on strong volume, driven by growth momentum, the Kiavi acquisition, and an AI-powered lending partnership with Sierra. The company is expected to report quarterly earnings of $0.33 per share with revenues up 59.9% year-over-year. With a 1.6% upward revision in EPS estimates over the past 30 days and a Zacks Rank #1 (Strong Buy) rating, analysts are optimistic about continued strength.
Crane NXT, a global leader in authentication and traceability technologies, announced it will participate in the 2026 Jefferies Global Industrial Conference on September 10, 2026. The company's President and CEO Aaron Saak and CFO Christina Cristiano will participate in a fireside chat at 1:30 p.m. Eastern Time, with a live webcast available on the company's website.