Deutsche Bank Incrementally More Positive on Discounted Late Cycle Names - Manitowoc Co (NYSE:MTW), GE Aero (NYSE:GE)

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Deutsche Bank said that is becoming incrementally more positive on discounted late cycle names like General Electric Co. (NYSE: GE), SPX Corporation (NYSE: SPW) and Manitowoc Co. Inc. (NYSE: MTW).“We value the group based on DCF,” Deutsche Bank writes. “Key risks – Global growth, FX and Commodity volatility.”General Electric closed Thursday at $18.58; SPX Corporation closed at $76.11; Manitowoc closed at $16.25.

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