Terex Downgraded to Neutral by J.P. Morgan

Monday, 18 March 2024, 13:07
Terex has been downgraded to Neutral by J.P. Morgan as a result of its significant exposure to struggling European markets. This decision came as part of a broader analysis by the financial institution, which also saw ESAB being upgraded to Overweight. The move reflects the challenges faced by Terex in navigating the current economic landscape.
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Terex Downgraded to Neutral by J.P. Morgan

Terex Downgraded by J.P. Morgan

Reasons for the Downgrade:

  • Terex has been downgraded to Neutral by J.P. Morgan.
  • The decision was influenced by the company's exposure to weak European markets.

This change contrasts with ESAB's upgrade to Overweight, indicating differing performances in the market.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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