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Enter Symbol:
 
Terex Corporation (TEX) [hlAlert]

Rating:
Hold TEX

Terex Corporation (TEX) rated Hold

Posted on: Friday,  Jul 27, 2007  9:25 AM ET by Lehman Brothers

Terex (TEX)
Equal-weight $72 by Lehman Brothers.

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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/27/2007 9:25 AM Hold
None
84.42 72.00
as of 12/24/2008
1 Week up  2.20 %
1 Month up  24.09 %
3 Months down  -9.48 %
1 YTD down  -80.02 %

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