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Terex Corporation (TEX) [hlAlert]

Hold TEX
down 2.15 %

Terex Corporation (TEX) downgraded to Hold by BB&T Capital Mkts

Posted on: Thursday,  Jul 30, 2015  10:25 AM ET by BB&T Capital Mkts

BB&T Capital Mkts rated Hold Terex Corporation (NYSE: TEX) on 07/30/2015. Previously BB&T Capital Mkts rated Buy Terex Corporation (NYSE: TEX) on
02/10/2012., when the stock price was $22.26. Since then, Terex Corporation has lost 2.16% as of 07/30/2015's recent price of $21.78.
If you would have followed the previous BB&T Capital Mkts's recommendation on TEX, you would have lost 2.15% of your investment in 1266 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.

BB&T Capital Markets is dedicated to delivering world-class corporate banking, investment banking, and capital markets solutions to commercial clients, corporate clients, and government entities. Our customer focus and team approach, combined with the fast-growing strength and national recognition of BB&T, equip us to build lasting relationships and contribute significantly to the long-term success of each client.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/30/2015 10:25 AM Hold
as of 8/27/2015
1 Week   
1 Month down  -11.92 %
3 Months down  -24.26 %
1 YTD down  -48.13 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/10/2012 10:25 AM Buy
22.26 30.00

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