Citigroup Maintains Neutral on Manitowoc Co, Lowers Price Target to $16
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein has maintained a Neutral rating on Manitowoc Co (NYSE:MTW) and lowered the price target from $17 to $16.
October 13, 2023 | 12:02 pm
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Citigroup has maintained a Neutral rating on Manitowoc Co and lowered the price target from $17 to $16.
The news is directly about Manitowoc Co and is likely to impact its stock price. The lowering of the price target by Citigroup may lead to a negative sentiment among investors, but the maintained Neutral rating indicates that the overall outlook for the company remains stable.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100