Barclays Lowers Manitowoc Price Target

Analyst cites concerns about construction equipment maker's outlook

Apr. 1, 2026 at 6:27pm

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Barclays analyst Adam Seiden has maintained an Underweight rating on Manitowoc Co (NYSE:MTW) and lowered the price target from $13 to $11, citing ongoing challenges for the construction equipment manufacturer.

Why it matters

Manitowoc is a major player in the construction equipment industry, so changes to its outlook and valuation by influential analysts like Barclays can impact investor sentiment and the company's stock price.

The details

In his research note, Seiden noted that Manitowoc continues to face headwinds in its business, leading the analyst to take a more cautious view on the company's near-term prospects. The lower price target suggests Barclays sees limited upside for Manitowoc's shares compared to current trading levels.

  • The updated rating and price target were published on April 1, 2026.

The players

Barclays

A multinational investment bank and financial services company headquartered in London.

Adam Seiden

An analyst at Barclays covering the construction equipment sector.

Manitowoc Co

A Wisconsin-based manufacturer of cranes and other construction equipment.

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The takeaway

This rating change from Barclays reflects ongoing challenges in the construction equipment industry that could weigh on Manitowoc's near-term performance, underscoring the importance of closely monitoring analyst views and industry trends for investors in this sector.