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Fly News Breaks for April 4, 2016
MTW
Apr 4, 2016 | 06:40 EDT
Credit Suisse analyst Jamie Cook downgraded Manitowoc to Neutral citing relative share outperformance and lowered his price target to $4.25 from $5.10. Additionally, the analyst said the global macro remains challenged and sees increased risk risk of demand for cranes falling further.
News For MTW From the Last 2 Days
MTW
Apr 22, 2024 | 05:05 EDT
Barclays lowered the firm's price target on Manitowoc to $12 from $15 and keeps an Underweight rating on the shares ahead of the Q1 report. Earnings momentum in the machinery and constructing group could soften in the first half of 2024, which could test the sector's multiple framework, the analyst tells investors in a research note.
