Manitowoc (MTW) Tops Q4 EPS Views; Offers FY16 Outlook
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Jefferies Raises Price Target on Manitowoc (MTW) Following 4Q Earnings and Update
February 1, 2016 9:36 AM ESTJefferies reiterated a Buy rating on Manitowoc (NYSE: MTW), and raised the price target to $18.50 (from $17.00), following the company's 4Q earnings report. MTW reported adjusted EPS of $0.43, which came in better than expected on higher sales and improved margins.
Analyst Stephen Volkmann commented,... More
