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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Overweight
TEX
down 21.83 %

Terex Corporation (TEX) rated Overweight by Morgan Stanley

Posted on: Thursday,  Sep 5, 2013  8:25 AM ET by Morgan Stanley

Morgan Stanley rated Overweight Terex Corporation (NYSE: TEX) on 09/05/2013, when the stock price was $29.31. Since
then, Terex Corporation has lost 21.84% as of 01/27/2016's recent price of $22.91.
If you would have followed this Morgan Stanley's recommendation on TEX, you would have lost 21.83% of your investment in 874 days.

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.

Morgan Stanley Investment Research is one of the financial industry's dominant thought leaders in equity and fixed-income investing. Our analysts, economists, and strategists have earned this reputation through timely, in-depth analysis of companies, industries, markets, and the world’s economies. Our teams collaborate to assist Morgan Stanley clients with investment decisions, using cash and derivative instruments across major asset classes and geographies.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2013 8:25 AM Buy
None
29.31
as of 12/13/2013
1 Week up  1.66 %
1 Month up  7.55 %
3 Months up  20.25 %
1 YTD up  31.08 %

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