UBS Maintains Neutral on Manitowoc Co, Lowers Price Target to $14.5
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Steven Fisher maintains a Neutral rating on Manitowoc Co (NYSE:MTW) but lowers the price target from $18 to $14.5.
June 12, 2024 | 1:05 pm
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UBS analyst Steven Fisher maintains a Neutral rating on Manitowoc Co but lowers the price target from $18 to $14.5.
The lowered price target from $18 to $14.5 by UBS suggests a less optimistic outlook for Manitowoc Co, which could negatively impact investor sentiment and the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100