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Fly News Breaks for January 10, 2018
MTW
Jan 10, 2018 | 07:14 EDT
SunTrust analyst Charles Brady raised his price target on Manitowoc to $37 as part of his broader "Diversified Industrials - Key Themes and Best Ideas for 2018" research note. Brady notes that while a favorable legal ruling against China's Sany and a greater focus on potential infrastructure legislation have supported the stock in the second half of last year, he still sees the crane market as "muted and stable". The analyst keeps his Hold rating on Manitowoc.
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