Manitowoc Co. (MTW) Misses Q1 EPS by 3c

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Go back to Manitowoc Co. (MTW) Misses Q1 EPS by 3c

Manitowoc (MTW) 2014 Guidance Viewed as Challenge Following Q1 Miss; Deutsche Bank Comments on Q1

May 2, 2014 1:47 PM EDT

Deutsche Bank maintained a Hold rating on Manitowoc (NYSE: MTW) with a price target of $31.00. Comments follow Q1 result that came in lower than expected.

Analyst Vishal Shah said, "1Q14 results were lower than expected, driven by softness in crane. Although mgmt reiterated... More