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Terex Corporation (TEX) [hlAlert]

Rating:
Buy TEX
down 29.42 %

Terex Corporation (TEX) upgraded to Buy with price target $40 by Stifel

Posted on: Tuesday,  Sep 16, 2014  8:25 AM ET by Stifel

Stifel rated Buy Terex Corporation (NYSE: TEX) on 09/16/2014, when the stock price was $32.46. Since
then, Terex Corporation has lost 29.42% as of 01/27/2016's recent price of $22.91.
If you would have followed this Stifel's recommendation on TEX, you would have lost 29.42% of your investment in 498 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.

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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