JPMorgan Downgrades Terex Price Target to $68
JPMorgan Chase & Co. has cut its price target for Terex (NYSE:TEX) to $68.00, down from a previous estimate of $80.00.
The move is part of a larger trend of analysts revising their views on the company's stock, with some upgrading and others downgrading their ratings.
In its latest report, JPMorgan Chase & Co. gave Terex a 'neutral' rating, suggesting that the stock has limited upside potential at current prices.