manitowoc company

Shares of Manitowoc Company Inc (NYSE: MTW) spiked higher by 6 percent in Monday's after-hours trading session as the company named Barry L. Pennypacker as President and Chief Executive Officer of Manitowoc Cranes. Pennypacker will report to Manitowoc's current interim chairman and...

According to Sterne Agee, Manitowoc (NYSE: MTW) is upgraded to Buy. Sterne Agee said that it is upgrading to Buy from Neutral on evidence that Crane orders have stabilized. “Even if orders hit $1B in a quarter, consensus opinion would likely be worried about the next quarter only being $900M.”...

Sterne Agee has upgraded Manitowoc (NYSE: MTW) from Neutral to Buy and has established a $25 price target.

Goldman Sachs is initiating coverage of Manitowoc Company, Inc. (NYSE: MTW) with a Neutral rating and a $12 12-month price target (12% upside). “We are positive on a turn in the crane cycle (52% sales), but our proprietary rental analysis suggests the recovery will progress at a slower pace than...

The Manitowoc Company (NYSE: MTW) recently hosted a conference call and has continued to report EPS of $0.01 vs consensus of $0.12 and JP Morgan's estimate of $0.10. In the research report, JP Morgan writes "MTW reported continuing EPS of $0.01 vs. consensus of $0.12, and JPMe of $0.10. Despite...