JP Morgan Maintains Neutral on Manitowoc Co, Raises Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains a Neutral rating on Manitowoc Co (NYSE:MTW) but raises the price target from $10 to $12.

October 14, 2024 | 2:54 pm
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JP Morgan has maintained a Neutral rating on Manitowoc Co but increased the price target from $10 to $12, indicating a positive outlook.
The increase in the price target from $10 to $12 suggests a more positive outlook for Manitowoc Co, which could lead to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see a strong buy opportunity, balancing the impact.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100