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Fly News Breaks for February 26, 2019
TEX
Feb 26, 2019 | 08:12 EDT
Wells Fargo analyst Andrew Casey raised his price target for Terex to $37 from $32 as he continues to view the company's investment case as a multiyear internal improvement story, with management taking another step down its path to improve over-all returns through the announced divestiture of its Demag all-terrain cranes business an exit from certain Crane products previously manufactured at its Oklahoma City facility. The analyst reiterates a Market Perform rating on the shares.
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