From None: 2025-05-27 09:30:00

Goldman Sachs upgraded Terex (NYSE:TEX) from Neutral to Buy with a price target of $60, citing earnings stabilization and improved visibility. Aerial Work Platforms segment likely bottomed in Q1 with a 30% production cut and decline in used inventory levels. Tariff headwinds now reflected in estimates, balanced earnings mix, manageable impact from USMCA tariffs. Earnings at inflection point, potential for multiple expansion and improved sentiment.



Read more at None:: Goldman Sachs Upgrades Terex to Buy, Sees Earnings…