JP Morgan Maintains Neutral on Manitowoc Co, Lowers Price Target to $18.5
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Manitowoc Co (NYSE:MTW) and lowers the price target from $20 to $18.5.
August 09, 2023 | 4:52 pm
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NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on Manitowoc Co and lowered the price target from $20 to $18.5.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on the stock's price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100