Goldman Sachs Maintains Neutral on Terex, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Jerry Revich maintains a Neutral rating on Terex (NYSE:TEX) and lowers the price target from $72 to $62.

September 20, 2024 | 12:00 pm
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Goldman Sachs has maintained a Neutral rating on Terex and reduced the price target from $72 to $62, indicating a less optimistic outlook.
The reduction in price target from $72 to $62 by Goldman Sachs suggests a less optimistic view on Terex's future performance, which could lead to a negative short-term impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the lowered target may influence investor sentiment.
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IMPORTANCE 80
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