As previously reported, Roth Capital analyst Matt Koranda upgraded Manitex to Buy from Neutral after the company released delayed Q3 results and preannounced headline figures for Q4 ahead of consensus. Strong bookings from Q4 and January 18 also give him confidence that demand is durable and provide nice visibility into his first half of 2018 forecast. The analyst believes most of the overhang on shares has been removed with the auditor investigation now complete and restatements forthcoming. He also raised his price target on the shares to $11 from $10.