Wells Fargo Maintains Underweight Rating on Manitowoc Co. and Raises Price Target
Wells Fargo updated its outlook on The Manitowoc Company, maintaining an Underweight rating while increasing the price target from $12 to $15.
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Wells Fargo updated its outlook on The Manitowoc Company, maintaining an Underweight rating while increasing the price target from $12 to $15.
The Manitowoc Company, Inc. reported third-quarter 2026 financial results that exceeded analyst expectations, featuring double-digit sales growth and a significant increase in adjusted EBITDA.
Filed: 2026-08-25 AccNo: 0001193125-26-365102 Size: 13 MB Item 7.01: Regulation FD Disclosure Item 9.01: Financial Statements and Exhibits
Wells Fargo analyst Jerry Revich maintains Manitowoc Co (NYSE:MTW) with a Underweight and raises the price target from $10 to $12.
CACI, MTW, KRT are overbought and could warn investors who value momentum as a key criteria. RSI value: 82.3, 85.7, 86.6, Price Action: $680.08, $20.16, N/A