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Terex price target raised to $73 from $66 at Baird

Baird analyst Mircea Dobre raised the firm’s price target on Terex (TEX) to $73 from $66 and keeps an Outperform rating on the shares. The firm updated its model following Q2 results. Baird said they are nearing a cyclical bottom and it is a good time to own the stock.

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