Raymond James Initiates Coverage On Terex with Market Perform Rating
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Felix Boeschen has initiated coverage on Terex (NYSE:TEX) with a Market Perform rating.
July 07, 2023 | 8:21 am
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Terex (NYSE:TEX) has been initiated with a Market Perform rating by Raymond James analyst Felix Boeschen.
The initiation of coverage by Raymond James with a Market Perform rating suggests that the analyst believes Terex's stock will perform similarly to other stocks in the market. This could potentially attract investors who follow Raymond James' recommendations, but it's not necessarily a strong buy or sell signal. Therefore, the short-term impact on the stock price is likely to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100