Truist Securities Maintains Buy on Terex, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained its Buy rating on Terex (NYSE:TEX) but has slightly lowered the price target from $63 to $62.

October 09, 2024 | 3:58 pm
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Truist Securities has maintained its Buy rating on Terex but slightly lowered the price target from $63 to $62, indicating a minor adjustment in expectations.
The maintenance of a Buy rating suggests continued confidence in Terex's performance, but the slight reduction in the price target indicates a minor adjustment in expectations. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100