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Terex Corporation (TEX) [hlAlert]

Rating:
Neutral TEX

Terex Corporation (TEX) rated Neutral with price target $27 by UBS

Posted on: Monday,  Feb 20, 2012  8:25 AM ET by UBS

UBS rated Neutral Terex Corporation (NYSE: TEX) on 02/20/2012. 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 54.41% as of 02/21/2013's recent price of $30.99.
If you would have followed the previous UBS's recommendation on TEX, you would have lost 54.41% of your investment in 1900 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2014 12:25 PM Hold
None
42.37 43.00
as of 12/31/2012
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/21/2013 11:25 AM Hold
None
30.99 30.00
2/20/2012 8:25 AM Hold
None
26.41 27.00
2/17/2012 2:25 PM Hold
None
25.53 27.00
6/10/2011 10:25 AM Hold
None
25.16 29.00
6/23/2009 8:25 AM Hold
None
11.96
12/10/2007 9:25 AM Buy
None
67.98
8/7/2007 9:25 AM Hold
None
81.28

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