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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Market Perform
TEX

Terex Corporation (TEX) rated Market Perform by Wells Fargo

Posted on: Friday,  Apr 5, 2013  8:25 AM ET by Wells Fargo

Terex Corporation (NYSE:
TEX) rated Market Perform by Wells Fargo.

Terex Corporation (Terex) is a diversified global manufacturer of capital equipment focused on delivering reliable, customer relevant solutions for the construction, infrastructure, quarrying, surface mining, shipping, transportation, refining and utility industries. The Company operates in five segments: Terex Aerial Work Platforms, Terex Construction, Terex Cranes, Terex Materials Processing & Mining and Terex Roadbuilding, Utility Products and Other. On March 3, 2008, the Company completed the acquisition of ASV Inc. In July 2009, Terex completed the acquisition of the port equipment businesses of Fantuzzi Industries S.a.r.l and Noell Crane.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/5/2013 8:25 AM Hold
None
29.83
as of 1/1/0001
1 Week   
1 Month   
3 Months   
1 YTD   

(*) Stock Price at the time of the recommendation.
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