Industrial Goods Touching New Highs: Manitowoc Company (NYSE:MTW), Generac Holdings (NYSE:GNRC), Pall Corporation (NYSE:PLL), Tutor Perini (NYSE:TPC)

Posted by on Mar 18, 2014

Manitowoc (NYSE:MTW) SVP Thomas Musial unloaded 32,000 shares of the stock on the open market in a transaction that occurred on Tuesday, March 11th. Manitowoc Company, Inc. (NYSE:MTW) shares after opening at $31.40 moved to $32.22 on last trade day and at the end of the day closed at $31.98. Company price to sales ratio in past twelve months was calculated as 1.05 and price to cash ratio as 75.65. Manitowoc Company, Inc. (NYSE:MTW) showed a positive weekly performance of 5.44%.

Bank of America upgraded shares of Generac Holdings (NASDAQ:GNRC) from a neutral rating to a buy rating in a report released on Friday, TheFlyOnTheWall.com reports. Bank of America currently has $70.00 price objective on the stock, up from their previous price objective of $60.00.Generac Holdings Inc. (NYSE:GNRC) shares advanced 1.16% in last trading session and ended the day on $61.17. GNRC return on equity ratio is recorded as 53.90% and its return on assets is 10.30%. Generac Holdings Inc. (NYSE:GNRC) yearly performance is 98.67%.

Zacks reissued their neutral rating on shares of Pall Corp. (NYSE:PLL) in a research report sent to investors on Friday morning, StockRatingsNetwork reports. The firm currently has a $90.00 price target on the stock. Pall Corporation (NYSE:PLL) shares moved up 1.65% in last trading session and was closed at $87.59 while trading in range of $86.63 – $87.67 – Pall Corporation (NYSE:PLL) year to date (YTD) performance is 2.95%.

Tutor Perini Corp. (NYSE:TPC) had its target price raised by UBS AG from $26.00 to $33.00. UBS AG currently has a buy rating on the stock. Tutor Perini Corp (NYSE:TPC) weekly performance is 2.66%. On last trading day company shares ended up $29.38. Tutor Perini Corp (NYSE:TPC) distance from 50-day simple moving average (SMA50) is 19.69%. Analysts mean target price for the company is $33.00.

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