Barclays Maintains Underweight on Manitowoc Co, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Underweight rating on Manitowoc Co (NYSE:MTW) and lowers the price target from $15 to $12.

April 22, 2024 | 12:41 pm
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Barclays maintains an Underweight rating on Manitowoc Co and lowers the price target from $15 to $12.
The reduction in price target by Barclays, accompanied by an Underweight rating, suggests a bearish outlook on Manitowoc Co's stock. This could lead to a negative short-term impact on the stock's price as investors adjust their expectations based on this new analyst rating and price target.
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IMPORTANCE 90
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