Breaking News: Experts Predict Wild Ride for Terex Stock - Is It Time to Invest

In recent months, Terex stock (NYSE:TEX) has been a hot topic among analysts, with a wide range of opinions on its future performance. In the past three months alone, 11 analysts have released ratings for the stock, showcasing a diverse array of perspectives from bullish to bearish.

In order to better understand the evolving sentiments surrounding Terex, it is crucial to take a closer look at the recent ratings and price targets set by these analysts. The table below provides a comprehensive snapshot of their recent ratings, highlighting how their opinions have shifted over the past 30 days and comparing them to the preceding months.

Analyst Ratings Breakdown:

- Bullish: 3, Somewhat Bullish: 1, Indifferent: 7, Somewhat Bearish: 0, Bearish: 0

- Last 30 Days: 1 (Bullish), 0 (Somewhat Bullish), 0 (Indifferent), 1 (Somewhat Bearish), 0 (Bearish)

- 1 Month Ago: 0 (Bullish), 0 (Somewhat Bullish), 0 (Indifferent), 0 (Somewhat Bearish), 0 (Bearish)

- 2 Months Ago: 1 (Bullish), 1 (Somewhat Bullish), 3 (Indifferent), 0 (Somewhat Bearish), 0 (Bearish)

- 3 Months Ago: 1 (Bullish), 0 (Somewhat Bullish), 3 (Indifferent), 0 (Somewhat Bearish), 0 (Bearish)

Analysts have also provided valuable insights into their 12-month price targets for Terex, with an average target of $64.0, a high estimate of $74.00, and a low estimate of $55.00. Notably, this average price target has decreased by 3.9% from the previous average of $66.60, reflecting the evolving sentiments and expectations surrounding the company.

Diving into Analyst Ratings:

A comprehensive examination of recent analyst actions offers a deeper understanding of how financial experts perceive Terex. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

- Jamie Cook (Truist Securities): Lowered rating to Buy with a current price target of $63.00, down from the previous target of $74.00.

- Jerry Revich (Goldman Sachs): Lowered rating to Neutral with a current price target of $62.00, down from the previous target of $72.00. However, in a subsequent update, Revich raised the rating to Neutral with a price target of $72.00, up from the previous target of $64.00.

- David Raso (Evercore ISI Group): Lowered rating to Outperform with a current price target of $59.00, down from the previous target of $67.00.

- Jamie Cook (Truist Securities): Raised rating to Buy with a current price target of $74.00, up from the previous target of $68.00.

- Tami Zakaria (JP Morgan): Raised rating to Neutral with a current price target of $65.00, up from the previous target of $59.00. However, in a subsequent update, Zakaria lowered the rating to Neutral with a price target of $59.00, down from the previous target of $63.00.

- Mircea Dobre (Baird): Raised rating to Neutral with a current price target of $67.00, up from the previous target of $58.00.

- Stephen Volkmann (Jefferies): Lowered rating to Hold with a current price target of $55.00, down from the previous target of $68.00.

- Jamie Cook (Truist Securities): Lowered rating to Buy with a current price target of $68.00, down from the previous target of $73.00.

- Kyle Menges (Citigroup): Announced a Neutral rating with a current price target of $60.00.

These adjustments and updates reflect the evolving sentiments and expectations of analysts, providing valuable insights for investors looking to make informed decisions about Terex stock.