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Fly News Breaks for March 2, 2018
MTW
Mar 2, 2018 | 09:21 EDT
As reported previously, Baird analyst Mig Dobre downgraded Manitowoc to Neutral from Buy as he believes tariffs are a broad negative for big steel users in the Machinery space and yesterday's announcement turned a potential negative into a reality. Dobre lowered his price target to $33 from $47 on Manitowoc shares.
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