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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Hold TEX

Terex Corporation (TEX) downgraded to Hold by Stifel

Posted on: Thursday,  Feb 20, 2014  8:25 AM ET by Stifel

Stifel rated Hold Terex Corporation (NYSE: TEX) on 02/20/2014. Previously Stifel rated Buy Terex Corporation
(NYSE: TEX) on 06/12/2013., when the stock price was $32.94. Since then, Terex Corporation has gained 31.30% of its value until Stifel rated TEX Buy on 02/20/2014, when the price was $43.25. .

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.

Stifel
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2015 8:25 AM Buy
None
26.65 33.00
as of 10/17/2014
1 Week up  1.89 %
1 Month down  -15.32 %
3 Months down  -14.04 %
1 YTD down  -11.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/16/2014 8:25 AM Buy
None
32.46 40.00
2/20/2014 8:25 AM Hold
None
43.25
6/12/2013 8:25 AM Buy
None
32.94 44.00

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