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Fly News Breaks for July 7, 2015
TEX, MTW
Jul 7, 2015 | 08:14 EDT
Baird's crane channel checks indicate a continued choppy demand environment with the slowdown in energy infrastructure activity offsetting a healthy construction market. Firm said Mobile telescopic crane demand is positive but is pressured by Japanese competitors and the strong dollar. Baird trimmed Overweight rated Manitowoc (MTW) estimates and lowered its price target to $25 from $26.
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