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MTW

Manitowoc

07:58
08/10/17
08/10
07:58
08/10/17
07:58

Manitowoc price target raised to $9 from $7 at Stifel

Stifel analyst Stanley S. Elliott raised his price target on Manitowoc after the company reported stronger than expected results. The analyst says that the company's "cost savings are taking hold." He keeps a Buy rating on the shares.

MTW Manitowoc

12/09/16
JPMS
12/09/16
DOWNGRADE
Target $5
JPMS
Underweight
Manitowoc downgraded to Underweight from Neutral at JPMorgan
JPMorgan analyst Ann Duignan downgraded Manitowoc to Underweight saying the valuation is stretched at current levels. The analyst's analysis suggests that non-residential construction in the U.S. is at peak. She keeps a $5 price target for the shares.
12/09/16
OTRG
12/09/16
UPGRADE
OTRG
Mixed
Manitowoc upgraded to Mixed from Negative at OTR Global
OTR Global upgraded Manitowoc to Mixed following checks that indicate the rate of decline in US crane orders has moderated in Q4 and an uptick in quoting activity has resulted in positive 2017 expectations.
03/17/17
OTRG
03/17/17
UPGRADE
OTRG
Positive
Manitowoc upgraded to Positive from Mixed at OTR Global
08/02/17
BARD
08/02/17
UPGRADE
BARD
Outperform
Manitowoc upgraded to Outperform from Neutral at Baird
Baird analyst Mircea Dobre upgraded Manitowoc (MTW) following Terex's (TEX) Q2 report and commentary that indicated its crane business may have turned the corner, with orders improving year-over-year, but also sequentially despite the tough Q1 comp. Dobre said global mobile crane volumes are near a cyclical trough and said Manitowoc has undertaken meaningful restructuring which should provide improved margins as volumes stabilize. The analyst raised his price target on Manitowoc shares to $10 from $6.

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