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Terex price target raised to $74 from $66 at Wells Fargo

Wells Fargo analyst Seth Weber raised the firm’s price target on Terex to $74 from $66 and keeps an Overweight rating on the shares. The firm notes the shares were up 2.8% on a big upside Q2 and a second consecutive quarter with a $1 raise to FY23 EPS guidance, reflecting good execution in a healthy demand environment.

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