Dover to Sell Environmental Solutions Group Business Unit
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Terex (TEX) PT Raised to $67 at Jefferies
July 22, 2024 4:26 PM EDTJefferies 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 EDTStifel 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 Reiterates Buy Rating on Dover Corp. (DOV)
July 22, 2024 12:42 PM EDTCiti analyst Andrew Kaplowitz reiterated a Buy rating and $206.00 price target on Dover Corp. (NYSE: DOV).
The analyst comments "With DOVs announced divestiture of its Environmental Services Group (ESG) business, we think the company continues to focus on evolving its portfolio with an... More
Citi on Terex (TEX): 'We view this as a favorable deal for TEX'
July 22, 2024 11:42 AM EDTCiti 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
