Truist Securities Maintains Buy on Terex, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Terex (NYSE:TEX) but has lowered the price target from $74 to $63.
September 20, 2024 | 4:13 pm
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Truist Securities has maintained a Buy rating on Terex but reduced the price target from $74 to $63, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Terex's performance, but the lowered price target indicates a more cautious outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100