Terex (TEX) Raises Quarterly Dividend 16.7% to $0.07; 1.4% Yield

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Jefferies Reiterates Buy on Terex (TEX) Post 4Q; Price target Raised to $30

February 19, 2016 9:20 AM EST

Jefferies reiterated a Buy rating on Terex (NYSE: TEX), and raised the price target to $30.00 (from $25.00), following the company's 4Q earnings report. TEX reported 4Q EPS of $0.50, versus consensus estimates of $0.52. In the midst of a merger of equals with Konecranes, and an... More