The Manitowoc Company Reports First-Quarter Financial Results

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Go back to The Manitowoc Company Reports First-Quarter Financial Results

Seaport Global Securities Upgrades Manitowoc (MTW) to Buy

May 6, 2016 9:30 AM EDT

Seaport Global Securities upgraded Manitowoc (NYSE: MTW) from Neutral to Buy with a price target of $7.00 (from $5.00).

Analyst Michael Shlisky commented, "We are upgrading our rating on MTW to Buy (from Neutral), on the back of additional details regarding the self-help story that we gleaned from the Q1 conference call. Our new price target is $7.00 (from $5.00). While we are pleased that 2016 guidance was maintained for flat revenues and... More

Manitowoc (MTW) PT Up to $7 at Jefferies

May 6, 2016 8:18 AM EDT

Jefferies analyst Stephen Volkmann reiterated a Buy rating and bumped his price target on Manitowoc (NYSE: MTW) to $7.00 (from $5.00) following a solid revenue quarter.

Volkmann commented, "A solid revenue quarter even as Mobile end markets remain weak. The company posted an... More

Manitowoc (MTW) Misses Q1 EPS by 2c

May 5, 2016 7:44 AM EDT

Manitowoc (NYSE: MTW) reported Q1 EPS of ($0.04), $0.02 worse than the analyst estimate of ($0.02). Revenue for the quarter came in at $427.4 million versus the consensus estimate of $365.73 million.

For earnings history and earnings-related data on Manitowoc (MTW) click here.

... More