JP Morgan Maintains Overweight on Terex, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Tami Zakaria maintains an Overweight rating on Terex (NYSE:TEX) but has lowered the price target from $72 to $63.
October 16, 2023 | 3:01 pm
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JP Morgan maintains an Overweight rating on Terex but lowers the price target from $72 to $63.
The news is directly related to Terex (TEX). While JP Morgan maintains an Overweight rating, indicating a positive outlook, the lowering of the price target from $72 to $63 might create some uncertainty among investors. This could potentially lead to short-term volatility in the stock price.
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IMPORTANCE 80
RELEVANCE 100