Manitowoc (MTW) Misses Q4 EPS by 7c

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Go back to Manitowoc (MTW) Misses Q4 EPS by 7c

Manitowoc (MTW) PT Raised to $7.25 at Jefferies Following 4Q Report

February 3, 2017 9:03 AM EST

Jefferies raised its price target on Manitowoc (NYSE: MTW) to $7.25 (from $7.00) while maintaining a Buy rating. Management provided a 2017 target for revenues to decline 8-10% with an adjusted EBIT margin 0-1%.

Analyst Stephen Volkmann commented, "MTW reported a larger operating... More