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Terex Corporation (TEX) [hlAlert]

Rating:
Hold TEX
down 28.69 %

Terex Corporation (TEX) downgraded to Hold with price target $20 by Deutsche Bank

Posted on: Thursday,  Dec 17, 2015  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Hold Terex Corporation (NYSE: TEX) on 12/17/2015. Previously Deutsche Bank rated Buy Terex Corporation (NYSE: TEX) on 08/12/2015.,
when the stock price was $26.49. Since then, Terex Corporation has lost 28.69% as of 12/17/2015's recent price of $18.89.
If you would have followed the previous Deutsche Bank's recommendation on TEX, you would have lost 28.69% of your investment in 127 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/17/2015 1:25 PM Hold
None
18.89 20.00
as of 8/27/2015
1 Week down  -1.16 %
1 Month down  -7.35 %
3 Months down  -20.34 %
1 YTD down  -13.51 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/12/2015 12:25 PM Buy
None
26.49 35.00
2/20/2014 3:25 PM Buy
None
43.34 52.00

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