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Fly News Breaks for December 29, 2015
TEX
Dec 29, 2015 | 09:18 EDT
Avondale analyst Kristine Kubacki named Terex a best idea and said he expects the company to maintain margins through continued cost reduction and productivity initiatives. The analyst had increased confidence new CEO Garrison will deliver on promised cost management following commentary on holding each business unit accountable to goals. Kubacki rates Terex shares an Outperform with a $27 price target.
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