Terex Corp (TEX) Upgraded to Overweight by Morgan Stanley
Morgan Stanley upgrades Terex Corp (TEX) to Overweight, signaling confidence in its growth prospects.
Terex Corp. is a global industrial equipment manufacturer, specializing in materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. The company is headquartered in Norwalk, Connecticut and currently employs 11,400 full-time employees. Its segments include Materials Processing (MP), Aerial Work Platforms (AWP) and Environmental Solutions Group (ESG). MP designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, pick and carry cranes, and tower cranes. AWP designs, manufactures, services and markets aerial work platform equipment, utility equipment and telehandlers as well as their related components and replacement parts. ESG designs, manufactures, services and markets waste and recycling equipment and solutions, including refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers and recycling equipment, and cameras with integrated smart technology.
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Last Updated: Dec 12, 2025, 12:04 AM · Source: Finnhub.io
Morgan Stanley upgrades Terex Corp (TEX) to Overweight, signaling confidence in its growth prospects.
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