Terex Corp

TEX: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$71.00	Hrqnmbw	Cdbhjtmtf

Terex Earnings: We Expect End Market Demand to Remain Stable; We See Shares as Slightly Overvalued

Dawit Woldemariam

Feb 9, 2024

We raised our fair value estimate by 2% to $55 (from $54 previously). The increase is largely due to our more positive view on Terex’s long-term opportunities.

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