tiprankstipranks
Terex price target raised to $54 from $50 at Stifel
The Fly

Terex price target raised to $54 from $50 at Stifel

Stifel analyst Stanley Elliott raised the firm’s price target on Terex to $54 from $50 and keeps a Buy rating on the shares. In his 2023 outlook note for his Machinery, Construction Materials and Building Products coverage, the analyst stated that he expects "typical late-cycle trends" – including slowness in housing but non-residential accelerating – to unfold and also expects the price/cost environment to generally improve.

Published first on TheFly

See the top stocks recommended by analysts >>

Read More on TEX:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles