UPDATE: BMO Capital Markets Lowers PT on Terex Following Revised Guidance
June 18, 2013 at 10:45 AM EDT
In a report published Tuesday, BMO Capital Markets analyst Joel Tiss reiterated an Outperform rating on Terex (NYSE: TEX ), but lowered the price target from $41.00 to $36.00. In the report, BMO Capital Markets noted, “Terex revised guidance for the remainder of 2013 with EPS now expected to be