Citigroup Maintains Neutral on Manitowoc Co, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Neutral rating on Manitowoc Co (NYSE:MTW) and raises the price target from $17 to $20.

July 18, 2023 | 4:10 pm
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NEUTRAL IMPACT
Citigroup maintains a Neutral rating on Manitowoc Co and raises the price target from $17 to $20.
The news is directly about Manitowoc Co and its rating by Citigroup. The raised price target indicates a positive outlook, but the neutral rating suggests that the stock is fairly valued at the moment. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100