Manitowoc (MTW) PT Up to $7 at Jefferies

Go back to Manitowoc (MTW) PT Up to $7 at Jefferies

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) 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.

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