William Blair Starts Construction Stocks: CAT, TWI at Outperform, DE, AGCO, TEX, JOYG, more at Market Perform

In the Construction sector Tuesday morning, William Blair's Lawrence de Maria initiated coverage on the following stocks:

• Caterpillar (NYSE: CAT) with an Outperform rating and a $135 price target
  
• Titan International (NYSE: TWI) with an Outperform rating and a $32 price target
  
• Deere (NYSE: DE) with a Market Perform rating and a $86 price target
  
• AGCO (Nasdaq: AGCO) with a Market Perform rating and a $52 price target
  
• Terex (NYSE: TEX) with a Market Perform rating and a $29 price target
  
• Joy Global (Nasdaq: JOYG) with a Market Perform rating and a $99 price target
  
• Manitowoc (NYSE: MTW) with a Market Perform rating and a $19 price target
  
• CNH Global (NYSE: CNH) with a Market Perform rating and a $41 price target
  
• Astec Industries (Nasdaq: ASTE) with a Market Perform rating and a $39 price target

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