UPDATE: Morgan Stanley Initiates Coverage on Terex with Positive Outlook
September 05, 2013 at 10:31 AM EDT
In a report published Thursday, Morgan Stanley analyst Nicole DeBlase initiated coverage on Terex Corporation (NYSE: TEX ) with an Overweight rating and $47.00 price target. In the report, Morgan Stanley noted, “While we still see a Non-Resi Construction recovery as a strong possibility, we prefer to play this theme