Citigroup Maintains Neutral on Terex, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Timothy Thein maintains a Neutral rating on Terex (NYSE:TEX) and raises the price target from $52 to $65.
July 18, 2023 | 3:37 pm
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NEUTRAL IMPACT
Citigroup has maintained a Neutral rating on Terex and raised the price target from $52 to $65.
The news is directly about Terex and is likely to impact its stock price. However, as the rating is Neutral, the impact on the stock price is uncertain. The increase in price target indicates a positive outlook but it's not a strong buy signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100