Citi raised the firm’s price target on Terex (TEX) to $58 from $55 and keeps a Neutral rating on the shares. The firm adjusted price targets in the machinery group.
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Read More on TEX:
- Terex to sell Tower and Rough Terrain Cranes businesses to Raimondi Cranes
- Jefferies sees other heavy manufacturers facing headwinds like Caterpillar
- Caterpillar estimates lowered at Morgan Stanley on additional tariff headwinds
- Terex price target raised to $65 from $62 at Evercore ISI
- Terex Announces Refinancing Agreement to Cut Costs