Baird Maintains Neutral on Terex, Lowers Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Baird analyst Mircea Dobre maintains a Neutral rating on Terex (NYSE:TEX) and lowers the price target from $65 to $55.
October 31, 2024 | 11:33 am
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Baird analyst Mircea Dobre has maintained a Neutral rating on Terex and reduced the price target from $65 to $55, indicating a less optimistic outlook.
The reduction in price target from $65 to $55 by Baird suggests a less optimistic view on Terex's future performance, which could lead to a negative short-term impact on the stock price.
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IMPORTANCE 80
RELEVANCE 100