Baird Maintains Neutral on Manitowoc Co, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre has maintained a Neutral rating on Manitowoc Co (NYSE:MTW) but has lowered the price target from $13 to $12.
November 01, 2024 | 11:11 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Baird analyst Mircea Dobre has maintained a Neutral rating on Manitowoc Co but has lowered the price target from $13 to $12.
The lowering of the price target from $13 to $12 by Baird suggests a less optimistic outlook for Manitowoc Co's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100