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Enter Symbol:
Rating: TEX
Hold $20

Terex Corporation (NYSE: TEX) downgraded to Hold with price target $20 by Deutsche Bank

Thursday,  Dec 17, 2015  1:25 PM ET by Kristen Bailey

Deutsche Bank downgraded Terex Corporation (NYSE: TEX) to Hold with price
target $20. Deutsche Bank rated Terex Corporation (NYSE: TEX) to Buy with price target $35 on 08/12/2015, when the price was $26.49.

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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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