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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Hold TEX

Terex Corporation (TEX) rated Hold with price target $42 by Sterne Agee

Posted on: Friday,  Sep 5, 2008  10:25 AM ET by Sterne Agee

Terex Corporation (TEX) rated
Hold with price target $42 by Sterne Agee.

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.

For more than a century, Sterne Agee has worked in the belief that succeed only when our clients thrive. For a brokerage firm to survive for more than 100 years is hard enough. One can only thrive that long, though, by ensuring that your clients thrive first. Sterne Agee is one of the oldest and largest privately held brokerage firms left in the industry. Sterne Agee is a member of the New York Stock Exchange, and a registered Broker Dealer. Sterne Agee offers clients all the advantages of a full-service firm, yet retain the flexibility and personal attention that are rarely found in the huge names. Sterne Agee's expertise includes retail and institutional brokerage; investment banking and underwriting; secondary trading of corporate, municipal, and government securities; and market making in over-the-counter stocks.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/5/2008 10:25 AM Hold
None
36.87 42.00
as of 12/24/2008
1 Week up  2.20 %
1 Month up  24.09 %
3 Months down  -9.48 %
1 YTD down  -64.79 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/1/2008 10:25 AM Hold
None
48.76 70.00

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