Crawford United (OTCMKTS:CRAWA) was upgraded by Zacks Investment Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, reports. The firm currently has a $20.00 target price on the stock. Zacks Investment Research‘s price objective would suggest a potential upside of 9.29% from the stock’s previous close.

According to Zacks, “Crawford United Corporation develops and manufactures products for diverse markets. It primarily serves healthcare, education, automotive, aerospace, trucking and petrochemical industries. The company’s operating business segment consists of Aerospace Components, Commercial Air Handling and Industrial Hose. Crawford United Corporation, formerly known as Hickok Incorporated, is based in Cleveland, Ohio. “

Shares of CRAWA stock traded up $0.80 during trading hours on Tuesday, reaching $18.30. 1,961 shares of the stock were exchanged, compared to its average volume of 1,774. Crawford United has a 12-month low of $9.00 and a 12-month high of $19.96.

Crawford United (OTCMKTS:CRAWA) last released its earnings results on Thursday, May 16th. The company reported $0.55 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.44 by $0.11. The firm had revenue of $21.84 million for the quarter, compared to analysts’ expectations of $18.98 million.

About Crawford United

Crawford United Corporation, together with its subsidiaries, engages in aerospace components, commercial air handling, and industrial hose businesses in the United States. The Aerospace Components segment manufactures precision components primarily for customers in the aerospace industry. This segment provides complete end-to-end engineering, machining, grinding, welding, brazing, heat treat, and assembly solutions.

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