Terex Corporation (TEX) rated Equal Weight with price target $27 by Barclays Capital
Barclays Capital rated Equal Weight Terex Corporation (NYSE: TEX) on 02/17/2012. Previously Barclays Capital rated Overweight Terex Corporation (NYSE: TEX) on
10/22/2010., when the stock price was $23.00. Since then, Terex Corporation has gained 47.17% as of 05/22/2013's recent price of $33.85. If you would have followed the previous Barclays Capital's recommendation on TEX, you would have gained 47.17% of your investment in 943 days.
(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.
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