Citigroup Maintains Neutral on Terex, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Kyle Menges maintains a Neutral rating on Terex (NYSE:TEX) and lowers the price target from $60 to $57.
September 23, 2024 | 3:39 pm
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Citigroup analyst Kyle Menges maintains a Neutral rating on Terex and lowers the price target from $60 to $57, indicating a slightly less optimistic outlook.
The lowering of the price target from $60 to $57 by Citigroup suggests a slightly less optimistic view on Terex's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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