Terex Announces Second Quarter 2024 Financial Results Conference Call

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Terex (TEX) PT Raised to $67 at Jefferies

July 22, 2024 4:26 PM EDT

Jefferies analyst Stephen Volkmann raised the price target on Terex (NYSE: TEX) to $67.00 (from $55.00) while maintaining a Hold rating.

The analyst comments "Given several upbeat checks within the core business, positive customer feedback during the DASH user conference as well as overall solid... More

Stifel Reiterates Buy Rating on Terex (TEX)

July 22, 2024 1:16 PM EDT

Stifel analyst Stanley S. Elliott reiterated a Buy rating and $75.00 price target on Terex (NYSE: TEX).

The analyst comments "TEX announced that it will acquire Environmental Solutions Group (ESG) from Dover Corp (DOV) for $2.0B. Purchase price represents an 8.4x EBITDA multiple... More

Citi on Terex (TEX): 'We view this as a favorable deal for TEX'

July 22, 2024 11:42 AM EDT

Citi analyst Kyle Menges reiterated a Neutral rating and $60.00 price target on Terex (NYSE: TEX).

The analyst comments "TEX announced today it has entered into an agreement to acquire Dovers ESG business (refuse vehicles & compaction equipment). The gross purchase price is... More