Barclays Maintains Underweight on Manitowoc Co, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Adam Seiden maintains an Underweight rating on Manitowoc Co (NYSE:MTW) and lowers the price target from $12 to $9.
August 09, 2024 | 12:51 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Barclays analyst Adam Seiden maintains an Underweight rating on Manitowoc Co (NYSE:MTW) and lowers the price target from $12 to $9.
The downgrade in price target from $12 to $9 and the maintained Underweight rating by Barclays is likely to negatively impact investor sentiment and the short-term stock price of Manitowoc Co.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100