Baird Maintains Neutral on Terex, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre maintains a Neutral rating on Terex (NYSE:TEX) and raises the price target from $63 to $65.
October 09, 2024 | 5:30 pm
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Baird analyst Mircea Dobre maintains a Neutral rating on Terex and raises the price target from $63 to $65, indicating a slight positive outlook.
The increase in the price target from $63 to $65 suggests a slightly more positive outlook on Terex's stock performance. However, the Neutral rating indicates that the analyst does not expect significant outperformance relative to the market. This combination suggests a modest positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100