Information Provided By:
Fly News Breaks for July 27, 2015
MTW
Jul 27, 2015 | 06:43 EDT
Goldman downgraded Manitowoc to Sell and lowered its view on the Machinery Sector to Cautious from Neutral. The firm sees an extended machinery downturn across commodity exporting countries where infrastructure investment is slowing and capital stock is high. Goldman sees pricing risk to Mantiowoc's crawler crane business given the weak euro and yen and a muted demand outlook as international restaurant chains slow capex. The firm's analyst lowered Manitowoc's price target to $16 from $21 on shares.
News For MTW From the Last 2 Days
There are no results for your query MTW
I agree to the thefly.com's disclaimer & terms of use
About Privacy Terms of Use

© 1996-2018 TheStreet, Inc., 14 Wall Street, 15th Fl, NY, NY 10005

Need Help? Contact Customer Service

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data & Company fundamental data provided by FactSet. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by FactSet Digital Solutions Group.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

FactSet calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.