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Terex Shares Down 6.3% Following Analyst Downgrade

2015-10-15 20:34:57| Industrial Machines - Topix.net

Terex shares dropped 6.3% during trading on Thursday after BMO Capital Markets lowered their price target on the stock from $29.00 to $23.00, Marketbeat.com reports. The stock traded as low as $18.18 and last traded at $18.27, with a volume of 1,165,388 shares traded.

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Terex Receives Consensus Rating of "Hold" from Analysts

2015-10-13 18:36:02| Industrial Machines - Topix.net

Terex has been assigned an average rating of "Hold" from the twenty-two analysts that are currently covering the stock, Market Beat reports . Twelve analysts have rated the stock with a hold rating and eight have issued a buy rating on the company.

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Morningstar Gives BB- Credit Rating to Terex

2015-10-12 15:27:34| Industrial Machines - Topix.net

Terex has been given a "BB-" credit rating by analysts at Morningstar . The investment research firm's "BB-" rating indicates that the company is an above-average default risk.

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Terex Downgraded by Vetr Inc. to Buy

2015-10-10 19:35:29| Industrial Machines - Topix.net

They currently have a $23.00 price objective on the stock. Vetr 's target price suggests a potential upside of 11.81% from the stock's current price.

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Terex Raised to Hold at Zacks

2015-10-10 16:35:55| Industrial Machines - Topix.net

According to Zacks, "Terex's earnings increased 2.6% in the second quarter of 2015, while revenues declined 11%, mainly due to unfavorable impact of foreign exchange, both on a year-over-year basis. For 2015, Terex lowered adjusted earnings per share outlook to the range of $1.90 to $2.10 and trimmed net sales guidance to the range of $6.1$6.4 billion.

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