Terex Corporation (TEX) rated Neutral with price target $27 by UBS
UBS rated Neutral Terex Corporation (NYSE: TEX) on 02/17/2012. Previously UBS rated Buy Terex Corporation (NYSE: TEX) on 12/10/2007., when
the stock price was $67.98. Since then, Terex Corporation has lost 82.41% as of 06/23/2009's recent price of $11.96. If you would have followed the previous UBS's recommendation on TEX, you would have lost 82.4% of your investment in 561 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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