Expert Ratings For Manitowoc Co
Portfolio Pulse from Benzinga Insights
Over the past three months, analysts have shown a negative shift in sentiment towards Manitowoc Co (NYSE:MTW), with recent ratings indicating a decrease in the average 12-month price target by 16.25%. Analysts from firms like Goldman Sachs, Barclays, JP Morgan, and UBS have lowered their ratings and price targets for the company.
August 09, 2024 | 8:00 pm
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NEGATIVE IMPACT
Analysts have shown a negative shift in sentiment towards Manitowoc Co (NYSE:MTW) over the past three months. The average 12-month price target has decreased by 16.25%, with key firms like Goldman Sachs, Barclays, JP Morgan, and UBS lowering their ratings and price targets.
The decrease in the average 12-month price target by 16.25% and the lowering of ratings by major analyst firms indicate a negative outlook for Manitowoc Co. This is likely to put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100