Manitowoc (MTW) Misses Q1 EPS by 2c

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Go back to Manitowoc (MTW) Misses Q1 EPS by 2c

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) CFO Laurino Resigns; Successor Named

May 3, 2016 5:06 PM EDT

The Manitowoc Company, Inc. (NYSE: MTW) announced the appointment of David J. Antoniuk as vice president and chief financial officer, effective May 31, 2016. The company has also announced that Carl J. Laurino has resigned as senior vice president and chief financial officer effective May 31, 2016, to pursue other opportunities. Mr. Laurino will continue with the company until the end of June to ensure an orderly transition... More