Goldman Sachs Maintains Neutral on Terex, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Neutral rating on Terex (NYSE:TEX) and raises the price target from $53 to $60.
August 04, 2023 | 1:25 pm
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NEUTRAL IMPACT
Goldman Sachs maintains a Neutral rating on Terex and raises the price target from $53 to $60.
The news is directly about Terex and is likely to influence investor sentiment. The raised price target indicates a positive outlook, but the Neutral rating suggests that the stock is fairly valued at the moment. Therefore, the short-term impact on the stock price is expected to be neutral.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100