Terex price target raised to $65 from $63 at Baird

Baird analyst Mircea Dobre raised the firm’s price target on Terex to $65 from $63 and keeps a Neutral rating on the shares. The firm updated the company’s model following the closing of the Environment Solution Group acquisition. The analyst calculates deal accretion of 15c per share for the remainder of 2024, 60c per share in 2025, and 80c per share for 2026.