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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Mkt Perform
TEX
up 22.09 %

Terex Corporation (TEX) downgraded to Mkt Perform by Wachovia

Posted on: Thursday,  Mar 19, 2009  8:25 AM ET by Wachovia

Wachovia rated Mkt Perform Terex Corporation (NYSE: TEX) on 03/19/2009. Previously Wachovia rated Outperform Terex Corporation (NYSE: TEX) on 02/20/2009.,
when the stock price was $8.10. Since then, Terex Corporation has gained 22.10% as of 03/19/2009's recent price of $9.89.
If you would have followed the previous Wachovia's recommendation on TEX, you would have gained 22.09% of your investment in 27 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.

Wachovia offers a full range of products and services to meet the needs of corporate and institutional clients nationwide. These include capital raising, market making, and financial advisory products and services, to name just a few. We have the experience and resources you need to help your business grow and succeed. With a unified culture and integrated platform, ours is an organization that executes without distraction. We are focused and proactive, working as a team to deliver the ideas and capital for your needs.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/19/2009 8:25 AM Hold
None
9.89
as of 12/31/2009
1 Week   
1 Month   
3 Months   
1 YTD up  22.09 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/20/2009 8:25 AM Buy
None
8.10
10/3/2008 8:25 AM Hold
None
25.85
12/19/2007 8:25 AM Buy
None
60.79

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