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Terex Corporation (TEX) [hlAlert]

Rating:
Buy TEX
up 14.43 %

Terex Corporation (TEX) upgraded to Buy with price target $28 by KeyBanc Capital Mkts

Posted on: Wednesday,  Jan 25, 2012  8:25 AM ET by KeyBanc Capital Mkts

KeyBanc Capital Mkts rated Buy Terex Corporation (NYSE: TEX) on 01/25/2012, when the stock price was $20.02. Since
then, Terex Corporation has gained 14.44% as of 01/27/2016's recent price of $22.91.
If you would have followed this KeyBanc Capital Mkts's recommendation on TEX, you would have gained 14.43% of your investment in 1463 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.

KeyBanc Capital Mkts is one of the nation's largest bank-based financial services companies, with assets of approximately $89 billion. Key companies provide investment management, retail and commercial banking, consumer finance, and investment banking products and services to individuals and companies throughout the United States and, for certain businesses, internationally. The company's businesses deliver their products and services through branches and offices.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/25/2012 8:25 AM Buy
None
20.02 28.00
as of 12/31/2012
1 Week up  5.16 %
1 Month up  16.20 %
3 Months up  24.49 %
1 YTD up  40.40 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/7/2010 8:25 AM Hold
None
16.82
9/5/2008 8:25 AM Buy
None
37.29 58.00
1/14/2008 10:50 AM Buy
None
56.74 72.00

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