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TEX - Terex Corporation

Analyst Upgrade Signal for 05-13-2022
Analyst Upgrade Signal: TEX from Neutral to Buy by BofA Securities
Price Target: $41>>38



Stock Signal Information


Signal

Analyst Upgrade Stock
Report Date: 05-13-2022
Symbol: TEX - Terex Corporation
Sector: Industrials
Industry: Farm & Heavy Construction Machinery
Analyst Upgrade Signal: TEX from Neutral to Buy by BofA Securities
Price Target: $41>>38

  TEX Technical Chart

Company Contact

Terex Corporation (TEX)
200 Nyala Farms Rd
Westport, CONNECTICUT 06850
Phone: 12032227170
Website: https://www.terex.com
CEO: Mr. John Garrison


Company Profile

Terex Corporation manufactures and sells aerial work platforms, materials processing machinery, and cranes worldwide. The company operates in two segments, Aerial Work Platforms (AWP) and Material Processing (MP). It offers AWP equipment, utility equipment, telehandlers, and light towers, as well as related components and replacement parts under the Terex and Genie brands to construct and maintain industrial, commercial, institutional, and residential buildings and facilities; construction and maintenance of utility and telecommunication lines; tree trimming; certain construction and foundation drilling applications; and for other commercial operations, as well as used in infrastructure projects. The company also provides materials processing and specialty equipment, including crushers, washing systems, screens, apron feeders, material handlers, pick and carry cranes, wood processing, biomass and recycling equipment, concrete mixer trucks and pavers, and conveyors under the Terex, Powerscreen, Fuchs, EvoQuip, Canica, Cedarapids, CBI, Simplicity, Franna, Terex Ecotec, Terex Finlay, Terex Washing Systems, Terex MPS, Terex Jaques, Terex Advance, Terex Conveying Systems, and Terex Bid-Well brand names. Its products are used in construction, infrastructure, and recycling projects; various quarrying and mining, and material handling applications; maintenance applications to lift equipment or material; and building roads and bridges, as well as landscaping and biomass production industries. In addition, it designs, manufactures, services, refurbishes, and markets rough terrain and tower cranes use to move materials and equipment on rugged or uneven terrain and tower cranes, and lift construction material and place at point of use under the Terex brand. Further, the company provides financing solutions to assist customers in the rental, leasing, and acquisition of its products. Terex Corporation was incorporated in 1986 and is based in Westport, Connecticut.