Keybanc Downgrades Terex to Sector Weight
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Steve Barger has downgraded Terex (NYSE:TEX) from Overweight to Sector Weight.

September 28, 2023 | 3:13 pm
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Terex has been downgraded by Keybanc from Overweight to Sector Weight, which may impact its stock price.
Analyst ratings often influence the stock price. A downgrade from Overweight to Sector Weight suggests that the analyst believes the stock may perform in line with the average return of the market, rather than outperforming it. This could lead to a decrease in the stock price in the short term.
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