Carpenter Technology: I Called The Sell, Now It's A Buy
Seeking Alpha upgraded Carpenter Technology to Buy after a 36% share-price decline, citing improved free-cash-flow expectations and projected operating-income growth of 21%–25% by FY27. The analysis points to aerospace demand and capacity expansion, and sets FY29 targets of $1.2–$1.3 billion in operating income.
Why it matters — The upgrade reflects improved cash-flow expectations and projected earnings growth, factors CRS watchers may monitor alongside the stated valuation case.