Terex (NYSE:TEX) Hits New 1-Year High - Here's Why

Market Beat
2026.01.06 22:12
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Terex Corporation (NYSE:TEX) reached a new 52-week high of $58.75, closing at $58.5850 with a trading volume of 588,579 shares. Analysts have mixed ratings, with Morgan Stanley upgrading to "overweight" and a price target of $60, while Citigroup and UBS lowered their targets. Terex reported a quarterly EPS of $1.50, exceeding estimates, and a revenue of $1.39 billion. The company also announced a quarterly dividend of $0.17. Insider buying was noted, with Director Andra Rush purchasing shares. Institutional investors have increased their stakes in Terex recently.