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Fly News Breaks for September 30, 2016
TEX
Sep 30, 2016 | 07:40 EDT
CLSA analyst Kristine Kubacki initiated Terex with a Buy and a $30 price target. Kubacki believes the new management team will aggressively pursue long overdue cost actions with respect to manufacturing footprint, portfolio rationalization and overhead, driving material earnings leverage when the cycle upswings.
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