JP Morgan Maintains Neutral on Manitowoc Co, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Manitowoc Co (NYSE:MTW) and lowers the price target from $18.5 to $17.

October 16, 2023 | 2:53 pm
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NEUTRAL IMPACT
JP Morgan has maintained a Neutral rating on Manitowoc Co and lowered the price target from $18.5 to $17.
The news of JP Morgan maintaining a Neutral rating on Manitowoc Co and lowering the price target could have a neutral impact on the stock. While the lowered price target might be seen as a negative, the maintenance of the Neutral rating indicates that the analyst still sees potential in the company. Therefore, the stock price might not see a significant change in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100