(MTW) Manitowoc Upgraded to Neutral
Posted on June 24, 2011 at 12:33 PM EDT
Manitowoc Co. Inc. (MTW) reported an adjusted loss per share of 10 cents in its first quarter ended March 31, 2011, flat year over year while revenues increased 7% year over year to notch $732.2 million. Given the recent recovery witnessed in the Crane segment alongside sustained growth in the Foodservice segment, we have upgraded [...] (MTW) Manitowoc Upgraded to Neutral